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Embracer Group split again spinning off their biggest IP, along with plans for IP partnerships

Embracer Group is undergoing another significant restructuring, splitting off Fellowship Entertainment, which will focus on publishing and IP licensing, including major franchises like The Lord of the Rings and Tomb Raider. The remaining Embracer Group will focus on its owned IPs and selective M&A. This move aims for sharper management focus and clearer accountability, with plans for Fellowship Entertainment to list on Nasdaq Stockholm by 2027. The company also plans external IP licensing for titles such as Saints Row and Deus Ex.

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