Iron Throne: Kingdom — Another Failed Game Release By Netmarble

Summary: Netmarble’s newly released game Iron Throne: Kingdom is a failure based on App Annie data. While the stock did fall to a low of 123,000 KRW in August 2017, it has since recovered since April 2018 due to a timely 25%  investment in a Korean music label that is home to the K-Pop sensation …

Netmarble Games IPO: A Fast Fade for Lineage 2?

Introduction Netmarble is the largest mobile game publisher in South Korea. The company has just secured investor commitments to buy 16.9 Million shares worth $2.3 Billion in a May 2017 IPO on the Korea KOSPI stock exchange.   This IPO would value the company at $11 Billion based on investor demand at the high end …

Relating App Store Revenue Rank to Revenue

From two of my recent Quora posts: Question: How much money does the average mobile game make? There are tons of games on the App Store and Google Play. Everyone seems to know about the hit games. How much revenue does the run-of-the-mill game generate? Is the revenue curve steady and flat? Do some genres …

Kabam: Mobile Gaming Company IPOs after King and Zynga

Click here to download the Permalink. Kabam is a San Francisco-based mobile gaming company with three hit games each of which has reportedly grossed over $100 M since launching.  In a recent interview with the Wall Street Journal, Kabam’s CEO Kevin Chou disclosed that “Kabam has raised $125 million from investors including Canaan Partners, Redpoint …

Monument Valley: Artistic Success and Business Model Failure

    (Source: ustwo) Click here to download the Permalink On April 3, 2014, the design studio ustwo released a much anticipated paid puzzle game called Monument Valley (MV) for iOS  Apple app stores worldwide. “Ecstatic” is the best word I can think of to describe the response to the game’s visuals. But, based on …