Webzen May Stop KoW Development--Feature.mmosite.com

Webzen May Stop KoW Development -- 05-12-2008

KeyWord: Webzen,Kingdom of Warriors,financial,deficit,stop development	Date: 05-12-2008
Summary: The development for Parfait Station and Kingdom of Warrior stagnates for the company is considering whether to continue the development.

Game Title: Kingdom of Warriors	MMOsite Resources:
Genre: Fantasy		Photo
Developer: Webzen		Video
Publisher: Webzen
Status: Development

On May 9th, Korea-based Webzen reported its Q1 2008 financial results. The company's revenue increases compared to the previous quarter, but there is still a deficit of 3.7 billion won (approximately USD 3.55 million). It indicates that Webzen has experienced thirteen consecutive quarters of loss since 2005.

Webzen has started a massive shakeup from May 7th. The three business departments (MU Online, SUN and Huxley) have been merged into two business units and three directors have left the company. The development for Parfait Station and Kingdom of Warriors stagnates for the company is considering whether to continue the development.

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Introduction

Compared to the existing MMORPGs where users fight over one or two castles, Kingdom of Warriors recreates the many castles that actually existed during the Three Kingdom period. Each user can form alliance with others and take over a castle to build their own country, and increase their territory to win over the other castles with the ultimate goal to unify the nation.