Phil Rogers
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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.
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.
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.
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.
Embracer Group split again spinning off their biggest IP, along with plans for IP partnerships
Embracer 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 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’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.
Marvel’s Guardians of the Galaxy Has Been Rated for Nintendo Switch 2 in Taiwan
Marvel's Guardians of the Galaxy has been rated for the Nintendo Switch 2 by the Taiwan Digital Game Rating Committee, indicating a potential new port for the game. The title, originally released in 2021, has already seen success across multiple platforms including PC, PlayStation, and Xbox consoles, and was previously available on Nintendo Switch via cloud streaming. This rating comes shortly after Eidos Montreal, the game's developer, experienced significant layoffs.
Mobile-focused studio Coffee Stain Malmö shuts down
Coffee Stain has closed its mobile-focused studio in Malmö, Sweden. The studio's VP of mobile, Daniel Persson, announced the closure on LinkedIn, expressing pride in the team's accomplishments. It is unclear if the 17 employees were laid off or reassigned within the Coffee Stain Group, which was recently spun out from Embracer Group.
Embracer sales decline 26% to $1.3bn during first nine months of fiscal year
Embracer Group reported a 26% decline in net sales to $1.3 billion for the first nine months of its fiscal year, ending December 31, 2025. Despite the overall decrease, CEO Phil Rogers described the third quarter as a "clear improvement" due to the performance of core intellectual properties like Kingdom Come: Deliverance 2 and Dead Island. The company anticipates a significant profitability and cash generation inflection point in fiscal year 2026/27 with a pipeline of major releases.
