South Korean PC and mobile game publisher Nexon today reported its best Q1 earnings in the company’s history, noting revenues of $850 million.
That is up 3% over the same quarter last year. This success comes as Nexon is under the acquisition microscope, with potential buyers including Electronic Arts, Amazon, Comcast, and even Disney. Nexon founder Kim Jung-ju’s controlling stake would be worth about $9 billion. If he finds a buyer, he’ll be getting a huge payday. The Korea Times also notes that Jung-ju is looking to sell as he feels that the future of the industry is uncertain with tougher regulations and competition coming in the future.
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