my timesThe Korea Times
  1. Business
  2. Companies

Yedang Sells Online Game to Europe

Listen
  • Published May 22, 2008 11:42 pm KST
  • Updated May 22, 2008 11:42 pm KST

Yedang Online, a computer game publisher, said Thursday that it has signed a deal to export ``Priston Tale 2'' to 28 nations in Europe.

The company said it will receive $1 million from Rourke, a British game publisher, as a minimum guarantee. It will also get 25 percent of European sales of the game over three years after its launch, the firm said.

Yedang is a mid-size game publisher in South Korea, which has been rapidly growing thanks to the global success of ``Audition.'' Its 2005 sales were only 5.7 billion won ($5.5 million), but in 2007, it had 63.3 billion won ($62 million) of sales with about a half coming from overseas.

More than 90 percent of the firm's sales come from ``Audition,'' an online dancing game, which is especially popular among young female audience.