Which country owns PUBG now?

Which Country Owns PUBG Now?

PUBG, or PlayerUnknown’s Battlegrounds, is a popular online multiplayer battle royale game that has gained a massive following worldwide. But have you ever wondered who owns PUBG? The answer is not as straightforward as it seems, as the game has undergone several changes in ownership over the years. In this article, we’ll delve into the history of PUBG’s ownership and explore the current situation.

Early Days:

PUBG was created by Brendan Greene, an Irish game developer, and was first released in 2017 by Bluehole, a South Korean game development studio. Bluehole was responsible for developing and publishing the game, which quickly gained popularity and became one of the most popular PC games in the world.

Krafton Acquisition:

In 2018, Bluehole was acquired by Krafton, a South Korean holding company, for $765 million. Krafton, formerly known as Bluehole, is a subsidiary of Kakao Games, another South Korean gaming company. With the acquisition, Krafton became the new owner of PUBG, and Bluehole was rebranded as PUBG Corporation.

Tencent Partnership:

In 2018, Krafton and Tencent Games, a Chinese gaming company, entered into a partnership to co-develop and publish PUBG. Tencent Games is one of the largest gaming companies in the world, and the partnership aimed to expand PUBG’s reach and revenue.

Current Ownership:

So, who owns PUBG now? Well, it’s a bit complicated. Krafton, the South Korean holding company, is the majority owner of PUBG Corporation, which is responsible for developing and publishing the game. Tencent Games, the Chinese gaming company, has a significant stake in PUBG Corporation, making it a co-owner of the game. However, Krafton is the majority owner, holding approximately 87% of the shares, while Tencent Games holds around 11%.

Revenue and Earnings:

PUBG has been a huge commercial success, generating significant revenue and earnings for its owners. In 2020, PUBG generated $2.4 billion in revenue, making it one of the highest-grossing games in the world. The game’s revenue is split between Krafton and Tencent Games, with Krafton receiving the majority of the revenue.

Comparison with Other Battle Royale Games:

Here’s a comparison of PUBG’s ownership structure with other popular battle royale games:

Conclusion:

In conclusion, PUBG is owned by Krafton, a South Korean holding company, with Tencent Games, a Chinese gaming company, holding a significant stake in the game. The game’s revenue is split between the two companies, with Krafton receiving the majority of the revenue. While PUBG is a highly successful game, its ownership structure is complex and involves multiple parties.