The authors of Candy Crush Saga plan that the price of one share of the company according to the results of the initial placement will be $21-$24. 

Yesterday it became known that the authors of Candy Crush Saga are abandoning their plans to consolidate the word Candy as the intellectual property of King in the US digital products market.

For the Christmas quarter, King’s profit (revenue) fell from $230 million to $159 million. Income (profit) also decreased.

The executive director of King responded in detail to all the claims made last week to the British company.

The legal scandal surrounding King is not fading this week. While the British company was trying to protect its intellectual property, she herself was accused of theft.

The story of the conflict between King and the authors of The Banner Saga has been continued: King does not want to quarrel with Stoic, but the creators of The Banner Saga plan to defend the rights to their IP.

We are starting the working weekday again with news about King. Yesterday’s rumors about the plans of the British company to sue the authors of The Banner Saga tactical strategy were confirmed.

The authors of Candy Crush Saga have little leadership in most of the world’s box office tops, now they are going to patent the words “candy” and “saga”. 

The success of the Farm Heroes Saga title on Facebook prompted King to port it to iOS and Android. Now users can enjoy another “royal game” on mobile devices.

The volume of the US mobile games market last month amounted to $274 million. In total, American users spent $1.1 billion on games (in all segments). This is 25% more than in November last year.

British King decided not to enter the US stock market so that investors would not consider it a “one-game company”.

Previously, King had already advertised his hit on American channels. Now the mobile giant is conquering Japanese television.

There are currently two games from King in American grossing. Very soon they may be joined by a third – Papa Pear Saga.

King reported that in the year since the release of Candy Crush Saga has gained 500 million installations. The number of sessions played exceeded 150 billion. 

They are officially licensed by King to be produced by Dylan’s Candy Bar confectionery. Already in the States, a box of Candy Crush Saga candies can be purchased for $ 4.

King is preparing for an IPO. The company announced that Ciara Smyth has become the head of the personnel department (CPO) of the company. This is reported by Pocket Gamer.

The British company King has applied for an initial placement of securities in the United States. It is expected that its value on the exchange will be more than $ 5 billion.

Expansion to the east. The British company King has launched its mega-popular title Candy Crush Saga on the Kakao Talk platform in South Korea.

The authors of Candy Crush Saga accuse competitors of copying two of their extremely popular games.