Having made special mention of the third-party franchises on its books during its earnings report for the last financial quarter, it's no surprise Gamevil is looking to add to its library.
The South Korean publisher is to set aside a total $10 million with the specific intention of singing up fresh releases from outside studios.
The partnerships that result, Gamevil says, will help strengthen its position in the smartphone market.
External excellence
"As the market expands with smartphones at its centre, partnering with promising and exceptional external developers has become more important," said CFO Yong Kuk Lee of the movel.
"By working together with these creative developers and combining Gamevil's understanding of the global smartphone game market, we will carve out success and growth for everyone involved."
The firm, which saw its revenues rise to $5.9 million in its first quarter of 2011, says it has already been party to 10 invidual partnerships with outside outfits since the end of last year, having recently acquired exclusive publishing and partial IP rights to BLUE's Cartoon Wars series.
As an aside, Gamevil is also set to refresh its social platform on smartphones, Gamevil Live. The new service will roll out on both releases new and old over the coming months.
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Top Stories
News
10 hours, 52 minutes ago
King and Flexion partner to bring Candy Crush Saga to App Gallery and more alternative app stores
News
11 hours, 47 minutes ago
Zynga’s Game of Thrones: Legends is open for pre-registrations with a July 25th release date
Feature
Jun 11th, 2024
Mobile Mavens: Are today's everlasting, live ops games holding back new innovation?
Feature
Jun 11th, 2024
The key takeaway from Apple's AI-laden WWDC keynote? It's time to buy a new iPhone
Events
Tribeca Games Festival 2024 | North America | Jun 5th |
Steam Next Fest: June 2024 Edition | Jun 10th | |
WN Conference Istanbul 2024 | Jun 11th | |
GamesForum Hamburg 2024 | Europe | Jun 11th |
ESI London 2024 | Europe | Jun 13th |
Game Con Canada (GCC) 2024 | North America | Jun 14th |
Indie Dev Play 2024 | Europe | Jun 14th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Popular Stories
Interview
Jun 5th, 2024
A galaxy far, far away… Why Star Wars: Hunters took six years to hit the target
Interview
Jun 7th, 2024