Black Myth: Wukong Drives Licensing Boom with 117 New Video Games Approved in China
China's Licensing Authority Approves 117 Video Games
This month, China’s National Press and Publication Administration (NPPA) has approved a staggering 117 video games- the most extensive batch this year. This approval comes on the heels of immense excitement surrounding the blockbuster game Black Myth: Wukong, released just last week.
Significant Titles Included in the Recent Batch
- Yirenzhixia – Tencent Holdings
- Jiewai Kuangchao – operated by NetEase
- Huangyuan Shuguang – from Alibaba Group Holding’s Lingxi Games
- Also licensed were titles from gaming giants like Perfect World and Yoozoo Games.
The State of China’s Gaming Market
In total, the NPPA has approved 850 domestic video game titles in the first eight months of this year, a notable increase from 609 titles during the same period in 2023. This surge is reflective of a revitalization in China’s once-stagnant gaming market since the licensing processes resumed in April 2022.
Black Myth: Wukong's Incredible Sales Performance
Black Myth: Wukong, developed by Tencent-backed studio Game Science, is based on the classic novel Journey to the West. It has sold over 10 million copies within the first three days, marking it as a resounding success across various platforms including Sony Interactive Entertainment’s PlayStation 5 and Steam.
Looking Ahead: Growth and Consumer Spending
This overwhelming demand for Black Myth: Wukong not only signifies potential growth in gaming but also positions China’s industry for robust consumer spending advancements in 2024, with projections soaring to US$45 billion according to Newzoo.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.