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Embracer Group

Embracer Group business and news from across the web.

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Retro Gamer

Embracer founder says the company's "large adjustment" in 2023 was a chance for some studios "to prove themselves," not "a hard 'US Corporate style' headcount reduction"

Embracer Group founder Lars Wingefors described the company's significant restructuring in 2023 as an opportunity for some studios to prove themselves, rather than a traditional corporate layoff. Despite the company's association with industry layoffs, Wingefors stated the goal was to give select developers and IPs a chance to demonstrate their value following the collapse of a major deal.

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Retro Gamer

Warhorse's new Kingdom Come "adventure" is most definitely "a game" releasing as early as 2027, Embracer CEO confirms, but I'm dying to know if it's full-blown RPG or a spinoff

Embracer Group CEO Phil Rogers confirmed that Warhorse Studios is developing a new Kingdom Come game, with a potential release in their next fiscal year. While details are scarce, Rogers indicated it is a full game and not a spinoff, and expressed optimism that fans will enjoy it. The studio is also rumored to be working on a Lord of the Rings RPG.

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PC Gamer

Nearly a decade after its last update, Darksiders Warmastered Edition gets a photo mode and motion controls in a…

Darksiders Warmastered Edition received a surprise update after nearly a decade, introducing a new photo mode and motion controls. This update comes as Embracer Group, which owns the Darksiders IP, undergoes a significant restructuring. The update requires a 64-bit CPU and utilizes the Vulkan graphics API.

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Massively Overpovered

MMO Business Roundup: Subnautica 2 EULA 2, Discord encryption, and Embracer’s LOTR spinoff

This MMO business roundup covers several industry developments. Unknown Worlds has adjusted Subnautica 2's terms of service following community backlash, Discord has implemented end-to-end encryption for voice and video calls, and Sony is facing a lawsuit over alleged tariff refund windfalls on PlayStation 5 sales. Additionally, Embracer Group has spun off Fellowship Entertainment to manage its Lord of the Rings intellectual properties.

Blues News

Roadmaps and Plans

The development team for Subnautica 2 has shared a letter to the community regarding their plans for the game. Additionally, Embracer Group's recent actions have sparked hope among fans for potential revivals of the Saints Row and Deus Ex franchises.

Gamedeveloper.com

Embracer chairman says cost control 'does not get enough respect' after presiding over years of layoffs

Embracer Group chairman Lars Wingefors defended the company's extensive layoffs and studio closures, stating that cost control is often underestimated. He argued that the company worked to retain as many employees as possible while balancing business needs. Wingefors' comments come amid ongoing restructuring and studio divestments following a significant investment collapse in 2023.

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PC Gamer

Embracer Group cuts itself into pieces, this is its last resort: Bifurcation, new listing—licensing out Kain and…

Embracer Group is splitting into two separate companies to improve focus and value creation. One entity, Fellowship Entertainment, will house studios like 4A Games and Crystal Dynamics, managing IPs such as Tomb Raider and The Lord of the Rings. The remaining Embracer will include THQ Nordic and other studios, with properties like Biomutant and Wreckfest. CEO Lars Wingefors indicated a more active exploration of external partnerships for IPs like Saints Row and Legacy of Kain.

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Gamespot

Franchises Like Deus Ex And TimeSplitters Might Just Have A Future

Embracer Group will split into two companies in 2027, with Fellowship Entertainment retaining major video game intellectual properties. The company is seeking partners to develop titles such as Deus Ex, TimeSplitters, and Saints Row, while also exploring collaborations on franchises like Metro and Kingdom Come: Deliverance. Dark Horse Comics will also play a role in utilizing Embracer's IP.

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Gamespot

Franchises Like Deus Ex And TimeSplitters Might Just Have A Future

Embracer Group will split into two companies in 2027, with Fellowship Entertainment retaining major video game intellectual properties. The company is seeking partners to develop titles such as Deus Ex, TimeSplitters, and Saints Row, while also exploring collaborations on franchises like Metro and Kingdom Come: Deliverance. Dark Horse Comics will also play a role in utilizing Embracer's IP.

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Gamespot

An Open-World Middle-Earth RPG From Kingdom Come Studio Is Officially Happening

Warhorse Studios has officially confirmed it is developing an open-world RPG set in Middle-earth, based on The Lord of the Rings IP. The studio, owned by Embracer Group, is also working on a new entry in its Kingdom Come series. Details on the Lord of the Rings game are scarce, but it follows Embracer's acquisition of Middle-earth Enterprises and its stated goal of a 'Lord of the Rings Renaissance'.

Games Industry

Former Embracer CEO says Fellowship Entertainment spin-off is the "most effective long-term solution"

Embracer Group's former CEO Lars Wingefors has stated that spinning off Fellowship Entertainment is the most effective long-term solution for its undervalued intellectual properties. The new entity will focus on IPs like Kingdom Come: Deliverance, Tomb Raider, and Lord of the Rings, aiming for industry-leading profitability and organic growth. This move is part of Embracer's broader restructuring efforts following significant layoffs and asset sales.

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Wolfs Gaming Blog

Embracer Plans On Letting Licensing Out Saints Row, Deus Ex, Timesplitters And More

Embracer Group CEO Lars Wingefors announced plans to explore external partnerships for licensing out several of the company's intellectual properties, including Saints Row, Deus Ex, and TimeSplitters. This strategy aims to revive dormant franchises and expand their reach beyond gaming into other media. A new entity, Fellowship Entertainment, will focus on major franchises like Tomb Raider and The Lord of the Rings.

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The Sixth Axis

Embracer is splitting in half again, sending Fellowship Entertainment on its merry way

Embracer Group is splitting into two segments, creating a new company called Fellowship Entertainment to house major IPs like The Lord of the Rings and Tomb Raider, with an IPO planned for 2027. This move aims to better communicate Embracer's diverse operations and unlock the potential of its undervalued assets. The company has undergone previous splits and significant layoffs following financial difficulties.

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Games Industry

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.

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Rock Paper Shotgun

Deus Ex, Saints Row and TimeSplitters might be lent out to external partners, Embracer say, possibly paving the way for new entries

Embracer Group is exploring licensing out major IPs like Deus Ex, Saints Row, and TimeSplitters to external partners, potentially leading to new game entries or media adaptations. This strategy is part of the company's recent corporate restructuring into two main entities, Embracer and Fellowship Entertainment, with CEO Lars Wingefors highlighting the potential for these well-known franchises.

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Retro Gamer

Lord of the Rings, Tomb Raider, Kingdom Come: Deliverance, and more now overseen by new company from Embracer that'll make at least 2 "outstanding AAA products" a year

Embracer Group has established a new entity called Fellowship Entertainment to oversee a portfolio of major intellectual properties, including The Lord of the Rings, Tomb Raider, and Kingdom Come: Deliverance. The company aims to increase management focus and unlock the potential of these IPs, with a goal of releasing at least two outstanding AAA products annually starting in fiscal year 2027-2028. Fellowship Entertainment will also explore licensing opportunities and the adaptation of new technologies, including AI.

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Eurogamer

It's true: the Kingdom Come Deliverance studio is making a Lord of the Rings RPG

Warhorse Studios has confirmed it is developing an open-world role-playing game set in Middle-earth, based on The Lord of the Rings. The studio, known for Kingdom Come: Deliverance, also announced a new adventure in the Kingdom Come series. This project is part of Embracer Group's broader initiative for The Lord of the Rings intellectual property.

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Gamedeveloper.com

Embracer to spin off major video game franchises and studios

Embracer Group is spinning off its major video game franchises and studios into a new publicly listed company called Fellowship Entertainment, set to launch in 2027. This move aims to provide sharper management focus and clearer accountability for its diverse portfolio. Fellowship Entertainment will house key IPs like Darksiders, Dead Island, and Tomb Raider, alongside studios such as 4A Games and Crystal Dynamics.

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Metro UK

Deus Ex and TimeSplitters games teased as Embracer Group does more restructuring

Embracer Group is restructuring and exploring external partnerships for its less prominent game franchises, including Deus Ex and TimeSplitters. This comes after the company previously cancelled new installments in these series and shut down studios like Free Radical Design. The conglomerate aims to capitalize on IPs such as Saints Row, Legacy Of Kain, Red Faction, and Thief, while its core AAA IPs like Tomb Raider and The Lord Of The Rings will be managed by a new entity called Fellowship Entertainment.

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Rock Paper Shotgun

The rumours were true, Warhorse are making an open-world Lord of the Rings RPG alongside a new Kingdom Come game

Warhorse Studios has confirmed rumors that they are developing an open-world RPG set in J.R.R. Tolkien's Middle-earth, alongside a new 'Kingdom Come adventure'. The studio, known for Kingdom Come: Deliverance, is working on both projects simultaneously. Details about the Lord of the Rings game are scarce, but it is expected to be separate from Amazon's Lord of the Rings MMO and will likely explore a different part of Tolkien's timeline.

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