Smilegate Partners with Dan Houser's Absurd Ventures for Growth

Strategic Partnership between Smilegate and Absurd Ventures

Smilegate has recently embarked on an exciting venture by forming a partnership with Absurd Ventures, the innovative media company created by Dan Houser, co-founder of Rockstar Games. This strategic investment aims to foster growth and unprecedented opportunities within the expansive global gaming market. With Smilegate's notable successes in Asian markets and Absurd Ventures' groundbreaking creative approach, both companies are poised to create remarkable experiences for gamers worldwide.

Absurd Ventures' Vision and Creative Legacy

Absurd Ventures, spearheaded by Houser, brings with it an exceptional legacy that has left a significant mark on the gaming industry. Known for his creative prowess over two decades at Rockstar Games, Houser was instrumental in bringing legendary franchises like Grand Theft Auto and Red Dead Redemption to life, which have collectively sold over 550 million units worldwide. This collaboration will allow Smilegate to tap into Absurd Ventures' imaginative storytelling and immersive worlds, creating massive opportunities for collaboration on new intellectual properties (IP).

A New Era for Gaming IP Development

The partnership will leverage both companies' strengths, enhancing their respective positions in the market. Absurd Ventures is actively developing diverse new IP across video games, television, and cinematic experiences. Currently, they are creating captivating stories and gameplay that resonate with players in innovative ways that have never been explored before. One of their recent releases, an audio fiction series titled 'A Better Paradise,' has quickly ascended to the top of Apple's Fiction charts.

The Synergy of Game Development Expertise

Both companies stand to benefit remarkably from their combined expertise. Smilegate, renowned for its action-packed franchises like "CROSSFIRE," "Lost Ark," and "Epic Seven," has a substantial global following, boasting approximately 1 billion players across all its titles. Conversely, Absurd Ventures harnesses a unique creative direction and established reputation, especially in the Western market where captivating storytelling is crucial. By working together, they can create future-proof products tailored for various demographics.

Statements from Key Leaders

Dan Houser, Founder of Absurd Ventures, expressed his excitement about the collaboration, stating, "This partnership with Smilegate emerged from mutual respect and shared values. We are passionate about developing AAA games and creating engaging experiences for players. Together, we aim to build immersive worlds that keep players captivated for hours on end."

Joonho Sung, CEO of Smilegate, emphasized the significance of this partnership by saying, "We are incredibly enthusiastic about collaborating with a team that has a legacy of creating adored game series worldwide. This partnership is a significant milestone in our goal to become a global powerhouse in IP development."

About Smilegate and Absurd Ventures

Founded in South Korea, Smilegate stands at the forefront of game development, having established itself as a global leader with its franchises achieving immense popularity. Their flagship title, "CROSSFIRE," has gained monumental success, with over a billion registered users participating from various platforms. Additionally, their MMORPG, "Lost Ark," continues to draw in countless fans worldwide.

Absurd Ventures is dedicated to creating a multitude of original properties across various media forms. With a commitment to storytelling excellence, their projects look toward fulfilling the gaming community's desire for rich narratives and innovative gameplay. The next big IP will be unveiled soon, promising to set new standards in interaction and immersive experiences.

Frequently Asked Questions

What is the purpose of the partnership between Smilegate and Absurd Ventures?

The partnership aims to leverage their combined strengths to develop new intellectual properties (IP) within the gaming industry and offer innovative experiences for players across different mediums.

Who is Dan Houser?

Dan Houser is a co-founder of Rockstar Games and the founder of Absurd Ventures, known for his innovative storytelling and creative leadership in developing blockbuster video game franchises.

What popular games has Smilegate developed?

Smilegate has created highly successful franchises including "CROSSFIRE," "Lost Ark," and "Epic Seven," which collectively have millions of fans globally.

What is Absurd Ventures currently working on?

Absurd Ventures is focusing on developing new IP across various formats, including video games, audio fiction, television, and more, with several projects already underway.

What does this partnership mean for the future of gaming?

This collaboration represents a significant step towards innovative storytelling and gameplay experiences, combining the strengths of both companies to set new standards in the gaming industry.

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