Indonesia wins $1 billion in Pkv games market
Jakarta (AP) Indonesia has won the largest PkV game rights deal in history, securing a $1.9 billion payout for its stakes in a number of popular games such as Pkvs, Domino Online and Pokkén Tournament.
The announcement Wednesday (local time) in Jakarta by Pkvision, which runs the Indonesia-based games market, marked the biggest victory in a long battle over the country’s fledgling digital market.
The deal with PkVision and the two developers of Pkvm games, the developers of Pokkv and Pokdomains, was negotiated between the Indonesian government and the game companies.
The government is also holding a national auction for rights to the games on Tuesday.
The Pkov games were made available for free to consumers in the early 2000s.
The games are popular among children and families in Indonesia and have also won accolades from the U.S. government and other global players.
The games are widely considered among the best-selling mobile games in the world.
The Pokdomain games are the most popular in the country and have sold over 50 million units worldwide.
Pkvision said it would continue to invest in PvPs, which are played in games such the popular Angry Birds series.
Pkpvs games are also used in a wide variety of other games, including Candy Crush Saga and Candy Crush Soda Saga.