S.Korea's Smilegate invests in GTA producer's studio

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S.Korea's Smilegate invests in GTA producer's studio - Korea Economic Daily

Quick Summary:

Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, said on Tuesday it invested in the US-based media and entertainment studio Absurd Ventures.

Smilegate will benefit from Houser and his team’s narrative, AAA game, and business expertise in the North American market.

Under the agreement, Smilegate will have the opportunity to partner with Absurd Ventures’ new intellectual property (IP).