Embracer Group announces plans to spin-off Fellowship Entertainment

Embracer Group announced plans to spin off Fellowship Entertainment, which will focus on premium intellectual property and development, including titles like Kingdom Come: Deliverance and Tomb Raider. The remaining Embracer entity will implement a more efficient structure with tighter cost control. This news coincides with Embracer's Q4 financial results, which showed a 24% net sales decline and a significant non-cash impairment.

• COMPANY Tarsier Studios
• COMPANY Amazon
• GAME Darksiders
• GAME Kingdom Come: Deliverance
• GAME Echoes of the End
• GAME Dead Island
• GAME Metro
• GAME Reanimal
• COMPANY Milestone
• GAME Screamer
• GAME Remnant
• COMPANY Embracer Group
• COMPANY Fellowship Entertainment
• COMPANY THQ Nordic