Remnant
News, coverage and analysis tracking Remnant across the outlets.
After a $2 billion mess that saw thousands of layoffs with many studios and games shut down, new Embracer CEO hopes…New Embracer Group CEO Phil Rogers aims to restore the company's reputation following a period of significant layoffs, studio closures, and game cancellations after a major acquisition deal fell through. Rogers emphasized that future mergers and acquisitions will be funded through organic cash flow, and the company is reflecting on past decisions and industry changes. He hopes to rebuild trust with gamers by delivering enjoyable titles and focusing on key intellectual properties.
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.
Franchises Like Deus Ex And TimeSplitters Might Just Have A FutureEmbracer 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.- Franchises Like Deus Ex And TimeSplitters Might Just Have A FutureEmbracer 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.
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.
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 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.