PUBG: Black Budget, a new extraction shooter from PUBG Corporation and Krafton, has just been announced. This marks the second PUBG project announced this year, with PUBG: Blindspot – a 5v5 team-based top-down tactical shooter – being revealed back in February.
The PUBG franchise began life in March 2017 with the early access release of PlayerUnknown's Battlegrounds, an incredibly influential battle royale game inspired by the titular creator's ARMA 2 mod, DayZ: Battle Royale. In July 2021, publisher Krafton officially changed the name of the battle royale game to PUBG: Battlegrounds, and announced its intentions to build an entertainment franchise around the IP. A mobile game set in the PUBG universe was released in November 2021, and Striking Distance Studios' The Callisto Protocol was originally intended to be set in the far future of the PUBG universe.
On November 21, 2025, developer PUBG Corporation and publisher Krafton announced PUBG: Black Budget. The official Steam page for the newly announced game describes it as "an extraction shooter built around tension, survival, and the unknown," where players explore a mysterious island set in a time loop and surrounded by a supernatural entity known as the 'Anomaly.' While PUBG: Battlegrounds lets...
