Shanda Announces New Wemade Game

Chinese online gaming company Shanda Interactive Entertainment Limited (Nasdaq: SNDA) announced after market close on Tuesday that it has licensed Korean game developer Wemade Entertainment, Co., Ltd.'s online game Changchun Online for mainland China. Shanda expects to launch the game in the second half of 2007. Changchun Online is a 3D MMORPG based on the classic Chinese novel "The Romance of the Three Kingdoms". The game is currently in closed beta testing in Korea. Shanda has operated another Wemade game, Legend of Mir II, since 2001. Wemade and partner Actoz sued Shanda in 2003, claiming that Shanda's in-house developed game The World of Legend had infringed on Legend of Mir II's copyrights. The issue was finally settled earlier this year, with Wemade acknowledging Shanda's copyright to The World of Legend.