Gree helps IUGO’s Knights and Dragons game hit $1M in monthly revenue

Japan’s Gree announced today that Knights & Dragons, a game that it published for IUGO Mobile Entertainment, has surpassed $1 million in monthly revenue. That’s not a gigantic number by game standards, but it shows that Gree’s hands-on form of publishing mobile games for third-party partners is working.

Game publishers have been criticized for failing to provide mobile developers with enough services to justify taking a big cut of revenues. The publishers fail to add much value because they simply take a mobile title from a developer and publish on their mobile game network with little advertising or efforts. Then they sit back and see if the title goes anywhere. If it doesn’t, then the publisher cuts its losses and lets it sink.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.