Netmarble Rolls Out New MMORPG
“Arthdal Chronicles: Three Factions,” a massively multiplayer online role-playing game powered by Netmarble Corp., will be officially launched Wednesday night in Korea, Taiwan, Hong Kong, and Macau.
Interestingly, the game is adapted from the hit television series of the same name and developed by Netmarble F&C Inc. The game centers around the power struggles between three factions – Arthdal, Ago, and the Lawless – for control over the mythical land of Arth
Studio Dragon Corp. and Netmarble worked together on the game since the production of Season 2 of the TV series, focusing on expanding the in-game universe by introducing new characters, regions, and storylines.
There are also several features in this game, including the ability to build and unlock new areas. Players will delight in a day and night cycle and weather system that will change as the game progresses.
Even as the game prepares for the launch, not all is well with the South Korean game giant. Due to the HYBE-ADORE conflict, Netmarble has been feeling pressure as the stock price of HYBE has been plummeting. Netmarble announced last year it intended to sell its stake in HYBE to repay trillions ($725 million) won in debt.
However, the recent decline in the stake’s value by almost 100 billion won (about $72.57 million) has sparked fears of disruptions to the repayment plan.
According to a report published in The Chosun Daily, the Korea Exchange declared that HYBE’s stock rose 0.48 percent to 211,000 won on Apr. 25. The stock has lost 8.45% in the past two trading days, resulting in a loss of over 800 billion won in market capitalization.
The report further highlighted that given its declining stock price, Netmarble dismisses the likelihood of additional block deals. The studio stated that it hasn’t made plans for any additional deals.
In August 2021, Netmarble made a similar statement about not considering further disposals of its Kakao Bank stake. However, by December of that year, Netmarble had sold all its remaining shares of Kakao Bank.
