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NCSoft earned $35 million in royalties from Lineage 2 Revolution in Q1 FY17

NCSoft earned $35 million in royalties from Lineage 2 Revolution in Q1 FY17

NCSoft has generated $35.4 million in royalties from licensing the Lineage brand to Netmarble for hit mobile game Lineage 2 Revolution.

The figure comes as NCSoft has released its Q1 FY17 financials for the three months ending March 31st 2017. The company brought in $56.2 million from royalties overall.

That hasn't stopped profits from falling however. Though sales were down just 1% year-on-year to $212.1 million, net profits slumped 73.7% year-on-year to $15.4 million.

Going mobile

NCSoft is blaming its loss in profits on incentives it paid back due to record-high earnings in 2016, as well as a drop in sales for its older games. Lineage, its most popular game, generated $45.6 million for the quarter, down 35% year-on-year.

It is planning on a comeback though, mainly through an aggressive push into mobile. It is launching Lineage M in South Korea in mid-June, which has attracted three million pre-registrations so far, according to the Korea Times.

Lineage 2 Revolution continues to see success despite having only launched in South Korea. SuperData Research claims it was the tenth top-grossing game in the world in March 2017.


Deputy Editor

Ric likes to read epic poems and watch classic films to hide the fact he plays way too many games. The facade has thus far not been very effective.

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