Fellowship Entertainment
Fellowship Entertainment business and news from across the web.
3 years after a $2 billion implosion, studio closures, and cancellations, Embracer's new CEO hopes 'trust is…Embracer Group CEO Phil Rogers expressed hope for improving trust in the company despite a period of significant restructuring, studio closures, and cancellations. The company has undergone multiple reorganizations and asset sales, including the sale of Gearbox and the closure of Arc Games and Cryptic Studios. Rogers acknowledged the industry's challenges and stated that Embracer is focused on resetting and improving its position, with potential for future mergers and acquisitions guided by past learnings.- New Lord Of The Rings RPG – Here’s Everything We Know About The “Deeply Immersive” GameWarhorse Studios is developing a new, untitled open-world RPG set in Middle-earth, with a focus on being "deeply immersive." The game is expected to release after Embracer Group's other upcoming title, Kingdom Come, which is targeting a release between April 2027 and March 2028. This new Lord of the Rings game is part of Embracer's broader strategy to revitalize the franchise, following recent less successful titles.
Something for the Bank Holiday Weekend – 23/05/26This week's news includes the end of Destiny 2 development and major layoffs at Bungie, alongside the 10th Warhammer Skulls event. PlayStation State of Play will feature Wolverine, and new titles like Warhammer 40,000: Dawn of War IV and F1 25 DLC were announced. Embracer is splitting, and Sony's single-player games will no longer release on PC.
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.
Embracer Plans On Letting Licensing Out Saints Row, Deus Ex, Timesplitters And MoreEmbracer 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.
Embracer is splitting in half again, sending Fellowship Entertainment on its merry wayEmbracer 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.
Embracer Group announces plans to spin-off Fellowship EntertainmentEmbracer 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.
Deus Ex, Saints Row and TimeSplitters might be lent out to external partners, Embracer say, possibly paving the way for new entriesEmbracer 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.
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 yearEmbracer 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.
It's true: the Kingdom Come Deliverance studio is making a Lord of the Rings RPGWarhorse 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.
Embracer to spin off major video game franchises and studiosEmbracer 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.
Embracer Will Spin-Off 'Fellowship Entertainment' Into Its Own CompanyEmbracer 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.
Embracer Group split again spinning off their biggest IP, along with plans for IP partnershipsEmbracer 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.
Embracer Group splitting into two companies: Embracer and Fellowship EntertainmentEmbracer Group is splitting into two independent companies: Embracer and Fellowship Entertainment. Fellowship Entertainment will focus on IP-led entertainment, including The Lord of the Rings and Tomb Raider, while Embracer will concentrate on proven entrepreneurs with a more efficient structure. This strategic move aims to increase management focus and accelerate value creation for both entities, with Fellowship Entertainment expected to be listed on Nasdaq Stockholm in 2027.
Embracer Group Will “Actively” Explore External Partnerships for Deus Ex, Legacy of Kain, Thief and MoreEmbracer Group is exploring external partnerships and licensing opportunities for its older intellectual properties, including Deus Ex, Legacy of Kain, and Thief. This move is part of a larger strategy involving the spin-off of its development arm into Fellowship Entertainment. The company aims to leverage these IPs through collaborations with game developers, as well as TV and movie producers.
Embracer Group’s Game Development Arm is Being Spun-Off Into Fellowship EntertainmentEmbracer Group is splitting into two publicly listed companies: Fellowship Entertainment and a streamlined Embracer Group, with Fellowship Entertainment expected to list on Nasdaq Stockholm in 2027. Fellowship Entertainment will focus on game development, publishing, and licensing, retaining IPs like Tomb Raider and The Lord of the Rings. The move aims to provide more focused management and unlock the potential of each business.