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TERA possibly subsidized by Korean government

Jef Reahard

It's not every day that your MMORPG gets underwritten by the government, and industry insiders are sure to take notice of the fact that Bluehole Studio's upcoming action MMORPG TERA is on the short list of possible recipients for a 500 million won ($415,000 USD) subsidy by the Korean government.

TERAfans brings word of the subsidy, but stops short of calling it a done deal. "As this news has been translated from Korean to English, it is unclear whether TERA has officially been granted the funding yet or whether they're part of a list of nominees who could potentially earn the funding," the fan site says.

If successful in its bid, it won't be the first time TERA has received a sizable cash infusion from investors outside of Bluehole Studio and En Masse Entertainment. Earlier this year, companies including KNet Investment and Stonebridge Capital signed on to the tune of almost $15.6 million USD.

[Update: En Masse's Evan "Scapes" Berman has confirmed TERA's inclusion in this year's Global Plan in a post on the official TERA website..]

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