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The Latest Breaking News from Embracer Group

After a $2 billion mess that saw thousands of layoffs with many studios and games shut down, new Embracer CEO hopes trust in the company "is improving"

And Embracer is not necessarily done with acquisitions

GamesRadar

Former Activision Blizzard CEO claims Swedish pension fund’s lawsuit against Microsoft-Activision merger was a ploy to strengthen Embracer

The other side accused him of hiding sexual misconduct by rushing the merger.

Destructoid

Oh boy, it's real: the Kingdom Come: Deliverance 2 dev is making a new The Lord of the Rings RPG in Middle-earth — and a third KCD game is coming next year, too

Kingdom Come: Deliverance 2 developer Warhorse Studios is officially working on a The Lord of the Rings RPG, and also a new KCD game that's coming soon.

Windows Central

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read the most diverse news in one place.

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

Would it be wrong? Would it be right? If I put Middle-earth on the NASDAQ tonight?

PC Gamer

Embracer Group AB (publ) Q4 Earnings Call Highlights

Embracer Group AB (publ) (LON:0GFE) reported fourth-quarter results above management’s plan and outlined a proposed separation that would create two listed companies, with a spin-off of its IP-focused Fellowship Entertainment business targeted for 2027. Chief Executive Officer Phil Rogers said quar

MarketBeat

The Lord of the Rings MMO might reportedly be dead, but Amazon is still "working closely" with Middle-earth on a new game

Amazon "continues to explore a compelling new game" in the fantasy universe

GamesRadar

Kingdom Come: Deliverance 2 studio working on an open-world Lord of the Rings RPG, industry veteran claims, and one backer is reportedly putting $100 million into it

Aiming to "compete with Hogwarts Legacy"

GamesRadar

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Eidos Montreal continues 3 straight years of layoffs as the Deus Ex studio fires 124 devs and 12-year studio head departs: "Today is a difficult day"

That marks 296 layoffs since the studio was acquired by Embracer Group in 2022

GamesRadar

Cryptic rises again? Former CEO Jack Emmert returns to the Neverwinter, Star Trek Online, and Champions Online studio: 'It was just meant to be'

Cryptic split from Embracer Group last year, and now one of its co-founders is back at the reins.

PC Gamer

Barely 4 years after buying them, Embracer Group sells Remnant publisher and Star Trek Online developer in a deal that'll net it $30 million

Arc Games and Cryptic Studios are being sold to Project Golden Arc Inc.

GamesRadar

Embracer Group sells publisher Arc Games and Star Trek Online developer Cryptic Studios, but once again clings on to the publishing rights for Remnant 2

Old-school MMO Fellowship has its rights transferred to Coffee Stain.

PC Gamer

After splurging on EA, Saudi Arabia's Public Investment Fund is reportedly tightening its pursestrings, due to 'financial distress' caused by numerous troubled projects

Embracing change.

PC Gamer

Borderlands 4 takes a shot at Embracer Group by naming a town filled with trash and an AI talking toilet after it

Subtle as ever.

PC Gamer

Borderlands 4 seemingly throws shade at former owner Embracer with an AI toilet and rundown town ruled by a king in a hot tub

Subtle as ever, Borderlands

GamesRadar

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PC Gamer

Embracer CEO who oversaw the staggering $2B blunder that led to studio closures and layoffs is now set to become its executive chair, focusing on 'mergers and acquisitions and capital allocation'

Lars Wingefors is stepping down as Embracer CEO, but he's not going away.

PC Gamer

It's a day ending in 'y' so you know what that means: Embracer Group is doing more restructuring

It's amazing this lot ever get around to releasing games.

PC Gamer

THQ Nordic studio that was set to be closed in 2023 somehow escaped the Embracer death spiral and is now working on a new RPG

Campfire Cabal was ordered closed in the aftermath of Embracer's implosion, but it never actually happened.

GamesRadar

5 years after Avengers, 2 years after its last layoffs, and who knows how long before Perfect Dark and Tomb Raider return, Crystal Dynamics announces another round of layoffs

The news "does not alter our current project plans"

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news in one place.

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PC Gamer

Space Marine 2 CEO puts the boot into the Saints Row team's twitching corpse from his private jet: 'Who's going to fund them for the next game after that disaster?'

Which is certainly a look.

GamesRadar

Asmodee to saddle over $920 million debt as parent company splits in 2025

Asmodee to gain a chunk of its parent company's debt in restructring

Windows Central

The gaming stories and trends that defined 2024

Here are five of the top stories and trends that defined 2024 in gaming across all facets of the industry.

PC Gamer

More Embracer Group layoffs: Star Trek Online developer Cryptic Studios is cutting jobs for the second time in a year

Numerous Cryptic employees have said they're among "many" who will be let go at the end of October.

Player One

Saber Interactive Secures Private Equity Investment to Pay Off Embracer Debt

Saber Interactive secures undisclosed private equity investment to help pay off its debt to Embracer Group.

Player One

Legacy of Kain: Soul Reaver Series Remaster Teased at San Diego Comic-Con 2024

A booth at San Diego Comic-Con 2024 supposedly leaked that remasters of Legacy of Kain: Soul Reaver 1 and 2 will be coming in the future.

GamesRadar

Classic RPG developer that helped shape The Witcher reportedly closes as two veteran devs appear to jump ship to their own new indie studio

Piranha Bytes developed the Gothic series, as well as the Risen and ELEX games

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