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The Latest Breaking News from Embracer Group

A Cult-Classic Open-World Game Was A Single Vote Away From Getting A Sequel

In another harrowing story to come out of Embracer Group's many failures, the sequel to 'Red Faction: Guerilla', a cult-classic, was reportedly cancelled late last year.

Inverse

Embracer has closed Alone in the Dark studio Pieces Interactive

The closure comes less than a month after Embracer said sales of the Alone in the Dark reboot were "softer than expected."

PC Gamer

Randy Pitchford is 'a hit maker,' says Take-Two CEO: 'We've already identified many potential growth opportunities for the Borderlands series'

Take-Two bought Gearbox off of Embracer Group earlier this year for a fraction of what the Swedes paid.

PC Gamer

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Amazon turns to another major game franchise after enormous Fallout success

Prime Video is doubling down on game adaptations, with Tomb Raider next on the agenda.

The RTS genre will never be mainstream unless you change it until it's 'no longer the kind of RTS that I want to play,' says Crate Entertainment CEO

Real-time strategy is a "nerd genre," says the developer, and he's happy to make one on those terms.

PC Gamer

After taking on $1.5 billion in debt over a $2 billion gamble, embattled Embracer CEO responsible for over 1,400 layoffs breaks out classic scapegoats: Russia and Covid

Embracer Group's Lars Wingefors is splitting his company into three parts

GamesRadar

Future Lord of the Rings games are set to get their own dedicated publisher following parent company Embracer's mass-studio closure amid $2 billion investment collapse

Coffee Stain, Middle-Earth, and Asmodee are all becoming their own entities

GamesRadar

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Embracer Group embraces its new future as three separate companies including 'Middle-earth and Friends', which its CEO says 'reinforces Embracer's vision of backing entrepreneurs and creators with a long-term mindset'

Making friends.

PC Gamer

After Embracer Group's acquisitions and subsequent troubles, the company is splitting into three oddly-named entities

The embattled Embracer Group is back in the headlines, but thankfully not for similar reasons to more recent times. It's being split up into three new companies, each with a different focus and operating independently of each other.

Windows Central

As restructuring ends with the sale of Gearbox, Embracer's CEO has a new plan: 'simply making better products and games'

It's a bold strategy.

PC Gamer

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m

Borderlands developer Gearbox is to be acquired by Take-Two for $460m.

TechRadar

Embracer sells Borderlands studio Gearbox for $460 million after acquiring it for $1.3 billion just 3 years ago

Embracer retains Gearbox's publishing arm, however

GamesRadar

Flagging megacorp Embracer Group is now selling off Gearbox Entertainment to Take-Two for $460 million

But it'll keep the Remnant series, thank you very much.

PC Gamer

Embracer Group sells Borderlands developer Gearbox to Take-Two Interactive for $460 million

Embracer Group continues its meltdown, selling Borderlands developer Gearbox to Take-Two Interactive for $460 million.

Windows Central

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PC Gamer

Embracer Group sells off Space Marine maker Saber Interactive and most of its studios for $247M, but the price could go a lot higher

Most of the studios operating under the Saber brand are included in the sale, but some big names are staying behind.

TechRadar

Embracer Group sells off Saber Interactive studios and assets, including games like Space Marine 2 and Knights of the Old Republic remake

Saber Interactive has parted ways with Embracer alongside a range of Saber-affiliated studios and properties.

Windows Central

Embracer Group officially sells Warhammer 40,000: Space Marine 2 developer Saber Interactive — and the sale might include even more

Embracer Group sells Warhammer 40,000: Space Marine 2 developer Saber Interactive and multiple subsidiaries, retaining the rights to multiple games.

GamesRadar

Star Wars: Knights of the Old Republic remake studio frees itself from flailing corporate overlords in $247m deal, but smaller studios haven't been so lucky

Metro studio 4A Games is reportedly also being sold

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GamesRadar

After 16 years, the canceled FPS TimeSplitters 4 gets saved and preserved through a seemingly unremarkable eBay listing for a PS3 test console

"This is exactly the kind of nonsense that wasn’t interested in back in 2008"

PC Gamer

Borderlands studio Gearbox reportedly in the 'late stages' of a sale, as Embracer Group continues to hack off parts of itself to keep the lights on

As a caged elephant once said: Money don't grow on trees.

Laptop

Six games that will never see the light of day thanks to the mass tech layoffs

The massive wave of tech layoffs this year has led to the cancellation of at least six games, which will now never see the light of day.

PC Gamer

Embracer Group will reportedly sell Space Marine 2 studio Saber Interactive for $500 million

Saber Interactive, which Embracer acquired in 2020, will continue to operate as a privately-owned company.

Windows Central

Embracer Group is reportedly selling Warhammer 40,000: Space Marine 2 developer Saber Interactive for $500 million

Embracer Group is reportedly selling Saber Interactive for $500 million, with the team continuing to work on projects like Star Wars: Knights of the Old Republic remake and Warhammer 40,000: Space Marine 2.

GamesRadar

Embracer Group quietly cancelled 29 unannounced games and shut 7 studios within six months last year

This follows the company making over 1,300 workers redundant

The Guardian - UK

Why is the $180bn games industry shedding thousands of staff?

Despite healthy sales, publishers such as Epic Games and Activision Blizzard are making hundreds of employees redundant – which may radically reshape the industry

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