Lars Wingefors
Reporting and statements that mention Lars Wingefors.
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Embracer Group splitting into two companies: Embracer and Fellowship Entertainment
Embracer 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 More
Embracer 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 Entertainment
Embracer 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.
New retro console smashes annual target after just 24 hours of pre-orders
The new Neo Geo AES+ retro console has exceeded its entire annual sales forecast within 24 hours of pre-orders opening, according to Embracer Group co-founder Lars Wingefors. The console, a modern recreation of the original Neo Geo, is priced at $180 and includes features like HDMI output and overclocking. SNK Corporation and Plaion are launching the console with ten classic Neo Geo games.
