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The Latest Breaking News from Embracer Group

Embracer closes Timesplitters studio Free Radical in 'another difficult decision'

Embracer subsidiary Plaion, the publisher in charge of Free Radical, has announced the closure of the studio.

TechRadar

TimeSplitters studio Free Radical Design has closed: 'We join an ever-growing list of casualties in a broken industry'

Plaion has confirmed that Free Radical Design has been shut down.

PC Gamer

Insurgency developer New World Interactive has been affected by Embracer layoffs

New World Interactive has been hit with layoffs amid Embracer Group's restructuring program.

TechRadar

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The Embracer spiral continues as Insurgency: Sandstorm studio New World Interactive lays off employees

The studio is not closed, but it is being restructured.

PC Gamer

This is not a drill! Remnant 2 and Remnant: From the Ashes surprise drop on Xbox Game Pass

One of Embracer Group's and GearBox's best games in recent memory just suddenly released into Game Pass. Could this mean a new partnership with Embracer Group?

Windows Central

Embracer could be shutting down TimeSplitters studio Free Radical Design in December, CEO reportedly confirms

Embracer CEO Lars Wingefors has reportedly acknowledged the potential closure of Free Radical Design in a company email.

TechRadar

Embracer Group restructuring continues as Fishlabs studio is expected to cut around 50 jobs

Fishlabs is expected to see around 50 job losses due to Embracer Group's restructuring program.

TechRadar

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Marvel Snap will ‘continue to operate and flourish’ as publisher Nuverse faces restructure

Marvel Snap publisher Nuverse is facing restructure after a review at its parent company ByteDance.

TechRadar

Embracer executive says that restructuring is ‘how we win’

Embracer Group's interim chief strategy officer, Phil Rogers, called the company's layoffs "agonizing" but says they were "necessary."

TechRadar

The Most Promising Video Game Remake May Already Be Canceled

A Star Wars: Knights of the Old Republic remake in the works at Saber Interactive is reportedly canceled after a troubled development history.

Inverse

Embracer Group has laid off over 900 people in the last three months but reports "one of our strongest quarters for new releases ever"

A new investor earnings report claims Embracer has laid a "foundation for organic growth" despite layoffs.

TechRadar

Embracer CEO just flat-out refuses to talk about the KOTOR remake now: 'Anything I say to this becomes a headline'

This is not the RPG remake you're looking for.

PC Gamer

TimeSplitters studio Free Radical Design reportedly threatened with closure

Free Radical Studio has been reportedly threatened with closure as part of Embracer Group's restructuring program.

TechRadar

One of Embracer's top executives resigns and announces his own gaming company at the same time

Egil Strunke was replaced as Embracer's chief operating officer in June, but he didn't actually leave until last week.

PC Gamer

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TechRadar

Embracer Group COO announces departure from company, admits “the last year has been rough”

Egil Strunke announced that he left Embracer Group last week, and is now building his own company, Strunke Games.

PC Gamer

Embracer's implosion continues as Star Trek Online developer Cryptic Studios lays off employees

Cryptic has confirmed that "difficult personnel changes" have been made as part of Embracer's restructuring.

Windows Central

Little Nightmares 3 announced at Gamescom with a new development studio

During Opening Night Live at Gamescom, Bandai Namco revealed Little Nightmares 3, which is being developed by Supermassive Games.

Windows Central

Remnant 2 was the best-selling game of July 2023 in the U.S, per Circana

According to the July 2023 Circana report, Remnant 2 was the best-selling game of July 2023 in the U.S.

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PC Gamer

After years of expansion and the recent collapse of a $2 billion mystery deal, Embracer Group announces major layoffs and studio closures

Brace yourself.

GamesRadar

New Tomb Raider game is unaffected as Embracer lays off staff and cancels games

Embracer is set to make redundancies to their 17,000 staffers

PC Gamer

Stunned Embracer CEO has to deliver financial report right after $2 billion mystery deal falls apart: 'It's been a rough night'

The 'transformative' partnership was supposed to be announced today, but was unexpectedly halted last night.

Windows Central

Tomb Raider owner Embracer loses $2 billion deal, shares plummet

Embracer Group held its Q4 earnings report this week, and some unfortunate business developments damaged the share price.

Windows Central

Amazon Games "New World" dev working on new 'The Lord of the Rings' open-world MMO for consoles and PC

The New World developer and Amazon Games have struck a deal for a brand new open-world MMO that takes place in Middle-earth.

GamesRadar

The New World studio is making a new Lord of the Rings MMO

Amazon is taking a new direction with their Lord of the Rings push

Inverse

New 'Lord of the Rings' Movies Are Coming — But Is That a Good Idea?

Warner Brothers and Embracer have reportedly kept Peter Jackson "in the loop every step of the way of these new feature adaptations.

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