Eric Johnson

Recent Posts by Eric Johnson

Nexon Invests in Former Zynga COO’s New Studio

nexon380Tokyo-based game studio Nexon — best known to some U.S. players as the publisher of the free-to-play MapleStory games — has invested in Shiver Entertainment, a new games studio headed up by ex-Zynga COO and Tiburon Entertainment founder John Schappert, the companies announced today. The amount of the cash equity investment was not disclosed.

Nexon has also nominated its own CFO, Owen Mahoney, to join Shiver’s board. The company has previously invested in two other American studios, SecretNewCo (led by another ex-Zynga, Brian Reynolds) and Rumble Entertainment. Partnering with Miami-based Shiver may aid Nexon’s push into Western markets.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work