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The9 reports increased year-end revenues thanks to Firefall and PlanetSide 2

The9, which purchased controlling interest in Firefall developer Red 5 during 2010, has reported its year end and Q4 fiscal earnings.

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The9 headlines

  • Firefall set to launch this year thanks to $23 million in funding

    Firefall developer Red 5 Studios’ parent company, The9 and two shareholders have entered into share purchase agreement to Shanghai Oriental Pearl Culture Development Co., Ltd. of approximately $23 million. This means more funding for the MMO which was originally planned for a 2011 release. “This additional round of funding will offer us the means to […]

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  • Red 5 co-founder Mark Kern steps down as CEO

    Firefall developer Red 5 seems to be going through a major transition, with co-founder Mark Kern no longer in the chief executive role.

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  • Red 5 confirms lay-offs, but all may not be as it seems

    Yesterday, we reported that Red 5 Studios had cast a number of its employees back into the choppy seas of unemployment, and today, the developer released a statement that more or less amounts to “Yeah, we laid-off some people, but look! There’s a butterfly – over there, right behind that giant stack of normalcy and […]

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  • Shanghai: Q3 revenue drops 94% for The9 after losing WoW

    Shanghai-based MMO operator, The9, has reported that Q3 sales dropped 94 percent after loosing World of Warcraft to NetEase in China. However, the company remains optimistic, as revenues for Soul of the Ultimate Nation, Jiu Zhou Zhan Ji, Granado Espada, and FIFA Online 2 increased 55 percent compared to the previous quarter, while attracting 3.4 […]

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  • WoW goes back online in China

    WoW’s now fully up and running in China again after over two months downtime, as you can see here. Local operator NetEase has also confirmed that the Chinese language version of Wrath of the Lich King is complete and is about to be submitted to the Chinese government for approval. There more on Gama about […]

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  • Weekly MMO news round-up: Trouble Edition

    It’s Saturday again, and time for your dose of MMO news. This one has been branded the “trouble” edition, because certain MMOS were either in trouble, or getting out of it this week. First off, Stargate Worlds is rumored to be in massive trouble, Age of Conan isn’t in as much any more, and China […]

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  • Chinese WoW down since June 7, no date for game to come back online

    The Chinese version of World of Warcraft is still offline, according to this Yahoo! report, having been taken off the air on June 7 when Blizzard’s contract with The9 expired. As the piece notes, new operator NetEase wasn’t ready to have the game up and running at the time, and clearly still isn’t. No one […]

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  • The9 launches World of Fight after losing Chinese WoW license

    The9 may have lost the World of Warcraft license in China, but it’s undeterred: it’s launching World of Fight instead. There’s an official site here. You may notice some similarities between this and the Blizzard MMO. More on Gama.

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  • Why did Blizzard switch to NetEase in China? For $90 million a year, says Pachter

    Blizzard didn’t specifically say this morning why it’s dropped The9 in favour of NetEase to run its Chinese WoW operation, but Wedbush Morgan analyst Michael Pachter’s claimed the answer’s simple: it’s going to make a mother-trucking boatload more money from the new deal. “The company had previously contracted with The9, but the current arrangement will […]

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  • China blocks Wrath of the Lich King release

    The Chinese government has rejected two applications to launch Wrath of the Lich King in the country, as the WoW expansion’s content did not “meet requirements” thanks to a city raid and skeleton characters — the submitted version left out the Death Knight class. Blizzard has now deleted the link to the Chinese version on […]

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