Embracer

Tale as old as Time Embracer Group, the holding company that has spent recent years acquiring studios and publishers from across the globe, has announced that it is preparing to enter a phase of restructure, which is expected to result in…

Don't worry about Tomb Raider or Perfect Dark, according to developer Crystal Dynamics. Those projects apparently won't be disrupted after the studio's parent company Embracer Group announced layoffs, game cancellations,…

In the wake of turbulent restructuring following a $2 billion that fell through, Embracer has spoken more about its goals for expanding the Lord of the Rings intellectual property.In a webcast session (via IGN), interim…

Embracer has said it needs to be "exploiting Lord of the Rings in a very significant fashion" by turning it into “one of the biggest gaming franchises in the world”.The comments come amid a costly restructure of the gargantuan game…

Video game holding company Embracer Group has announced that it is “restructuring” and will undergo a series of employee layoffs, studio closures, and game cancellations in the process. In an open letter published today (June 13), Embracer…

Embracer Group has announced plans to close studios, cancel games, and lay staff off just weeks after a $2 billion contract deal fell through.In an open letter to the company’s 17,000 staff, CEO Lars Wingefors said Embracer will…

Embracer Group recently published the year-end report for Fiscal Year 2022-23. It included the title Star Wars: Knights of the Old Republic's remake in its list of “announced PC/Console releases as of May 24, 2023.” It also…

Embracer Group, the massive games holding company that's been gobbling up developers, publishers, and properties left and right over the last decade, just saw a major deal fall through unexpectedly at the last minute — one that…

Embracer Group's quarterly financial results for January to March 2023 (its Q4) are now out, and they show growth in key areas such as net sales and operating profit margin, but it seems that the company's performance is…

Middle Earth is set to return to the big screen once again, as it has been announced that new Lord of the Rings films are in the works. During a recent Warner Bros. Discovery earnings call, it was revealed that the studio, along…