CMGE Technology, the producer of the smash hit game ‘Black Myth: Wukong,’ is making a decisive push into the global gaming arena. In a recent move, the company acquired the international rights to ‘The Legend of Sword and Fairy,’ a classic role-playing game based on Chinese mythology. This acquisition adds another popular title to CMGE’s portfolio and underscores its commitment to expand beyond its domestic market.
‘The Legend of Sword and Fairy’ has a long and rich history, having first been released in 1995 on the MS-DOS platform. Its enduring appeal, drawing heavily on Chinese folklore and fantasy, has captivated generations of gamers. While the game’s original release was a massive success in China, CMGE’s acquisition of the international rights is poised to introduce the game to a global audience.
The acquisition is particularly significant in the context of China’s gaming landscape. In recent years, the industry has faced strict regulatory measures aimed at curbing gaming addiction and promoting healthy online behavior. These regulations had a chilling effect on the industry, causing many developers to focus solely on the domestic market.
However, the recent success of ‘Black Myth: Wukong’ has sparked a renaissance in the Chinese gaming industry, showcasing the potential for Chinese-themed games to capture a global audience. This success has led to a shift in government policy, with authorities now recognizing the economic and cultural importance of the industry. The approval of 117 domestically developed video games in a single month, a record high, demonstrates this new approach.
CMGE’s acquisition of ‘The Legend of Sword and Fairy’ aligns with this broader trend. The company appears to be sensing an opportunity to capitalize on the growing global demand for unique and engaging gaming experiences. This move is also likely to enhance the IP value of the game, potentially leading to new revenue opportunities from mobile adaptations, merchandise, and other forms of media.
CMGE’s foray into the international market is a testament to the company’s ambitions and its belief in the growing demand for authentic Chinese gaming experiences. By leveraging its successes and expanding its reach, CMGE is poised to become a significant player in the global gaming landscape. The company’s strategic partnerships with other industry players, including HashKey Group and Guangzhou Chaojing Investment, further solidify its position as a leader in the evolving gaming world.
