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GamesRadar
GamesRadar
Technology
Jordan Gerblick

Former Nexon boss who took a risk on Arc Raiders says "the AAA industry is structurally at its end" and "it’s going to end in more disaster than it has already" without a "serious rewrite"

Nexon AAA ARC Raiders Embark
A player in the hub of Arc Raiders.

Owen Mahoney, the former Nexon CEO who took a risk saying 'yes' to the company's acquisition of Arc Raiders studio Embark, has extremely dire words for the future of AAA game development.

Mahoney recently sat down with The Game Business and reflected on risk in the industry and how the perception of risk could be contributing to the potential demise of AAA development and publishing as we know it. As CEO and president of Nexon from 2014 to 2024, Mahoney was the one who decided to invest and ultimately fully acquire Embark in 2021, even as he faced "a lot of pushback" from the company's investors and Board members.

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