Embracer Will Spin-Off 'Fellowship Entertainment' Into Its Own Company
Embracer Group plans to spin off its Fellowship Entertainment division into a standalone company in 2027. This move aims to increase management focus on its intellectual properties, including franchises like The Lord of the Rings, Tomb Raider, and Metro. CEO Lars Wingefors believes the IPs are undervalued and will thrive independently, potentially leading to industry-leading profitability.
- Entities
- Topic: Company Restructuring
- Game: The Lord of the Rings/Middle-earth
- Game: Darksiders
- Game: Kingdom Come: Deliverance
- Game: Deus Ex
- Game: Red Faction
- Game: Dead Island
- Game: Saints Row
- Game: Metro
- Person: Lars Wingefors
- Game: TimeSplitters
- Game: Remnant
- Game: Legacy of Kain: Ascendance
- Company: Embracer Group
- Company: Fellowship Entertainment
- Game: Thief
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