Type Private company Founders Gwan Ho Park Headquarters South Korea Founded 2000 Folded 2011 | Key people Henry Chang (CEO) Founder Gwan Ho Park Number of employees 452 (3/31/2010) | |
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Products The Legend of Mir series Total assets KRW₩ 289,899,962,202 (2010) Stock price 112040 (KOSDAQ) ₩ 30,800 +150.00 (+0.49%)7 Apr, 3:30 PM GMT+9 - Disclaimer Subsidiaries Joymax, Wemade Entertainment Usa Inc., Wemade Creative Co.,Ltd. Video games The Legend of Mir 2, Riders of Icarus, Icarus Online, The Legend of Mir 3, Rumble Fighter | ||
WeMade Entertainment Co., Ltd is a South Korean video game developer, based in Seoul. They are the creators of the Legend of Mir series of MMORPGs, the two most successful being The Legend of Mir 2, and its sequel The Legend of Mir 3. Legend of Mir has attracted over 120 million users in Asia, and generated over $65 million a month in revenue during its height. Even today, in its ninth year of operation, Legend of Mir 2 still generates well over $20 million a month in China alone.
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History
WeMade was founded on February 10, 2000, by the original Legend of Mir developers. They chose the name WeMade Entertainment to acknowledge a copyright infringement lawsuit filed by their Korean publishing partner Actoz against the Chinese game operator Shanda. Shanda had copied Legend of Mir under the name The World of Legend, prompting the lawsuit. In choosing their company name, the developers were making the point that “We made Legend of Mir”. Shanda settled the lawsuit by acquiring Actoz and operating it as Shanda Korea.
In 2007, WeMade Entertainment’s CEO and founder Kwan-Ho Park hired Kevin “Sookiel” Seo as co-CEO to turn the development company into a publisher and operator of online games in Korea. Mr. Seo was formerly the CEO of Actoz/Shanda Korea. The company grew from 300 to close to 600 employees as it expanded to provide full hosting services in Korea.
Today, WeMade Entertainment Co. Ltd. hosts and operates several games in Korea. This includes games developed by WeMade such as Legend of Mir 2, Legend of Mir 3, Master of Fantasy and Chang Chun (aka Three Kingdom Chronicles). In addition, WeMade also hosts games from other developers including Chaps Online, Tartaros and Avalon. WeMade continues to license these games to other operators in other global territories. Shanda operates Legend of Mir 2 and Chang Chun in Greater China, while Softworld operates Mir 2 in Taiwan. GameFactory operates Rumble Fighter in the US and Europe.
In the summer of 2008, WeMade established its US headquarters in the Seattle, Washington area. WeMade Entertainment USA, Inc. is a wholly owned subsidiary of the Korean entity. Headed up by CEO Kisung Kim, the US company is responsible for the Western Games market including Europe and the Americas.
WeMade Entertainment USA, Inc. is currently hosting the North American servers of Lost Saga, a game developed by I.O. Entertainment. It initially planned to transfer accounts from OGPlanet Lost Saga to the new servers (although the accounts were never made available to them to do so) and the game was fully released on May 2, 2013.
On November 20, 2013, WeMade Entertainment USA announced from the North America Lost Saga homepage, that they will be ending Lost Saga's service in North America on December 8, 2013. No answer or reason was given as to why WeMade USA is ending its service of Lost Saga, though there have been rumors. Currently, the company Z8Games will be resuming Lost Saga's services in the North America region on December 18, 2013. With the change of services, all of the content obtained while under WeMade USA's service will transfer over when Z8Games resumes when the Lost Saga servers come online, with the transfer period being from December 9 through December 17, 2013. Further information regarding how the transfer will work is currently unknown.
WeMade FOX
From 2007 to 2011, WeMade Entertainment operated a professional gaming team called WeMade FOX that maintained high-ranking Counter-Strike, StarCraft: Brood War and Warcraft III players. Sponsored by Pepsi, Skechers, GomTV and Mizuno, WeMade FOX possessed several high-earning players including NaDa and Jang Jae "Moon" Ho. On August 31, 2011, the team was officially shut down, with the former players placed in the care of KeSPA, until new sponsors were to be found.