Embracer Group Latest news
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Embracer Reportedly Gears Up to Close Another Veteran Studio
Jacob Blazewicz, 09 November 2023, 03:00
Free Radical Design has only just returned from the dead, but it looks like it will be closed again even before the first new project is released.
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Neverwinter Devs Affected by Layoffs, a Developer Claims [Update]
Kamil Kleszyk, 03 November 2023, 13:28
A plague of layoffs has hit yet another development studio. Cryptic Studios, which you may associate with Star Trek Online or Neverwinter, was said to have fallen victim to the downsizing.
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Mix of Tomb Raider and Zelda; Is This Eidos Montreal's New IP?
Adrian Werner, 16 October 2023, 02:08
Through job listings, we learned a lot of interesting things about the new brand of Eidos Montreal.
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Embracer Keeps on Firing (People); Tomb Raider Devs Next on the List
Marcin Przala, 08 October 2023, 16:14
Another wave of layoffs at Embracer has affected the creators of the Tomb Raider series. As a result of the restructuring, 10 employees were to have said goodbye to Crystal Dynamics.
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New, Extremely Bad Reports About KOTOR Remake; Fans Fear the Worst [Update]
Adrian Werner, 01 October 2023, 13:03
Gamers waiting for Star Wars: Knights of the Old Republic Remake have reason to worry. It is possible that the project will be cancelled.
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Survival Hit Valheim Sold 12 Million Copies
Jan Kopacz, 22 September 2023, 14:42
Embracer Group was finally able to boast some positive news. Sales of Valheim have exceeded 12 million copies.
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Layoffs at Neverwinter Nights: Enhanced Edition Devs [Update: Crystal Dynamics Affected as Well]
Adrian Werner, 21 September 2023, 12:19
Embracer Group has laid off some employees of Beamdog. The reason appears to be, among other things, the poor reception of MythForce.
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Borderlands Devs May get Sold
Zuzanna Domeradzka, 11 September 2023, 17:04
Embracer Group is said to be considering sale of Gearbox Entertainment, the developers of the Borderlands series. In addition, there have been layoffs at another studio due to the Swedish giant's restructuring.
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Gearbox Publishing Lays Offs Due to Restructuring at Embracer Group
Kamil Kleszyk, 01 September 2023, 12:41
Gearbox is another team that has recently been hit by a wave of layoffs. This is part of the restructuring announced a few months ago by the Embracer Group.
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Saints Row Devs Shut Down; Studio With 30-year History Ceases to Exist
Zuzanna Domeradzka, 01 September 2023, 12:05
We will no longer get new games in the Saints Row series from Volition, as it has been closed down. This is due to the restructuring of Embracer Group.
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We Learned How Much Embracer Paid for Lord of the Rings
Marcin Przala, 22 June 2023, 12:56
Embracer Group's financial report revealed the amount for which the Swedish corporation acquired the rights to works from the Lord of the Rings universe.
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Lord of the Rings is 'One of the Biggest Gaming IPs in the World'; Embracer has Plan
Adam Celarek, 13 June 2023, 17:16
Swedish media giant Embracer Group has announced major changes in the structure of future projects. The core of the corporation is to become products based on the Lord of the Rings brand.
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Tough Decisions at Embracer Group; Company Closes Studios and Cancels Games
Adam Celarek, 13 June 2023, 15:05
Embracer Group, one of the gaming industry's largest corporations, has announced changes to the business it runs. The restructuring is expected to entail serious consequences.
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Embracer Loses $2 Billion Deal; Company's Stock Price Plummets
Marcin Przala, 24 May 2023, 21:57
Embracer Group has lost at the final stretch a strategic partner with whom it had been supposed to be „in agreement” for many months. The Swedish giant thus missed out on a two-billion-dollar deal.
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Fear for KotOR Remake Intensifies; Embracer CEO Leaves 'No Comment'
Jacob Blazewicz, 24 May 2023, 21:49
The fate of the Star Wars: Knights of the Old Republic remake remains uncertain. When asked by investors, Embracer Group's CEO refused to even comment on the game's situation.
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Dead Island 2 In for an Earthquake; Big Changes Coming
Adrian Werner, 07 May 2023, 22:06
Plaion intends to merge its Deep Silver, Prime Matter and Ravenscourt divisions and start publishing games under its own banner.
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New Lord of the Rings Game in the Pipeline; Launch Sooner Than You Think
Adrian Werner, 17 February 2023, 16:32
Embracer Group has announced that an as yet undisclosed game set in Tolkien's Middle-earth is in development. A total of five interactive Lord of the Rings adaptations are expected to hit the market by April 1, next year.
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Tomb Raider and Deus Ex Devs Prepare Big AAA Offensive
Zuzanna Domeradzka, 17 February 2023, 14:39
Crystal Dynamics and Eidos Montreal have ambitious plans for the future. They want to release five AAA games by 2028.
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Embracer Records Big Profit Increase Thanks to Evil West
Jakub Tarchala, 16 February 2023, 14:46
The Swedish Embracer Group can consider the third quarter of fiscal 2022 a very successful one - recorded profits can be counted in millions of dollars, thanks to, in no small measure, to Evil West.
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New Tomb Raider Will be Revealed This Year (Leak)
Adrian Werner, 22 January 2023, 18:49
According to credible rumors, the next installment of Tomb Raider may be revealed later this year.
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Deus Ex GO to be Killed Off; Even Owners Will Lose It
Agnes Adamus, 24 November 2022, 11:53
The small but cherished Deus Ex GO will soon be shut down. Square Enix Montreal's game will be deactivated early next year.
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Saints Row's Flop Brings Volition Under Gearbox's Supervision
Adrian Werner, 20 November 2022, 14:14
Saints Row turned out to be such a disappointment that Embracer decided to transfer Volition to the care of the Gearbox group.
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Tomb Raider, Deus Ex and Thief Return to Crystal Dynamics and Eidos Montreal
Kamil Kleszyk, 08 September 2022, 14:20
Crystal Dynamics and Eidos Montreal have officially taken control of the Tomb Raider, Deus Ex and Thief brands. Until recently, they were managed by Square Enix.
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KOTOR Remake Saved? New Developer Found
Zuzanna Domeradzka, 19 August 2022, 12:41
There is still hope for KOTOR Remake. According to recent leaks, work on it was supposed to be put on hold, but it is possible that a new studio is now working on the title.
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Lord of the Rings With New Owner; Publisher's Shopping Spree
Adrian Werner, 18 August 2022, 13:09
Embracer Group will acquire Middle-earth Enterprises, and with it the rights to create adaptations of The Lord of the Rings and The Hobbit. The conglomerate has also bought out the developers of Teardown and the Killing Floor series.
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Not Just Acquisitions; Embracer Invests Millions in Giant Gaming Museum
Kamil Kleszyk, 17 July 2022, 17:06
Not long ago the world was abuzz with the news that Embracer Group was creating a huge video game archive. Now we can take a look at the amounts the company is investing in the development of this museum.
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The World's Biggest Video Game Archive is Being Created
Kamil Kleszyk, 31 May 2022, 13:00
Swedish game publisher Embracer Group has announced that it is creating a giant archive, in which 50,000 video games and related accessories have already already collected.
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Borderlands Devs Plan 9 AAA Games
Adrian Werner, 22 May 2022, 16:24
Embracer Group has announced that Gearbox, the studio known for the Borderlands series, has as many as nine AAA games planned.
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Deus Ex, Thief and Tomb Raider Could Get Remasters and Remakes
Sonia Selerska, 20 May 2022, 13:21
Embracer Group speaks openly about potential remakes and remasters of iconic brands.
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Second Experienced Studio Joins Work on KOTOR Remake
Hubert Sledziewski, 19 May 2022, 22:11
The experienced studio Saber Interactive has joined the work on KotOR Remake. It is to support Aspyr in creating this „fantastic, huge game”.
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Deus Ex and Tomb Raider Acquired Along With Creators by Embracer Group
Adrian Werner, 02 May 2022, 11:58
Embracer Group bought out Crystal Dynamics, Eidos-Montreal and Square Enix Montreal studios and a number of popular IPs from Square Enix, including Deus Ex, Tomb Raider and Legacy of Kain.
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Embracer Group Acquires Baldur's Gate Remake Devs
Michael Zegar, 13 April 2022, 22:47
Canadian studio Beamdog - known for remasters of the Baldur's Gate series - has been acquired by Aspyr Media, which is currently working on Star Wars: Knights of the Old Republic Remake. Thus, the purchased developer will join the Embracer Group family.
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Embracer Group Announces New Acquisitions
Adrian Werner, 12 April 2022, 13:56
Embracer Group is gearing up for several more acquisitions. The company is looking for developers worth buying in several countries.
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Metro Exodus Sales Exceeded 6 Million Copies; Brand is Going Strong
Adrian Werner, 17 February 2022, 12:23
Embracer Group has announced that Metro Exodus sales have exceeded 6 million copies. It took the game three years to produce this result.
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Embracer Group Working on Nearly 200 Games, Including 25 AAA Titles
Hubert Sledziewski, 17 November 2021, 22:15
Embracer Group, the parent company of companies like Deep Silver and Gearbox Software, among others, has released its financial report for the second quarter of 2021. It shows that in the last 12 months the conglomerate has acquired 37 development studios, and plans to buy 37 more in the next year.
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Biomutant is a Hit; Game Broke Even After a Week
Adrian Werner, 18 August 2021, 18:26
Embracer Group boasted impressive sales results for Biomutant, Valheim, and Chivalry 2. The company also acquired three more development studios.
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THQ Nordic and Gearbox Owners to Acquire 20 More Studios
Przemyslaw Dygas, 21 May 2021, 13:41
Embracer Group, the owner of studios such as THQ Nordic and Gearbox, plans to acquire more companies. As many as 20 new teams are in holding's sights.
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Embracer Group Spends Twice as Much on Commissions as on Game Development
Hubert Sledziewski, 20 May 2021, 22:07
Embracer Group, which includes Deep Silver and Gearbox Software, revealed in its 2021 financial report that it spends twice as much money on store commissions for its games as it does on creating games themselves.
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Little Nightmares 2 Concludes Series; Tarsier Begins Work on New IP
Paul Musiolik, 19 February 2021, 18:31
Tarsier Studio announced that it is ending its adventure with the Little Nightmares franchise, currently owned by Bandai Namco. The developers will focus on a completely new IP.
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Embracer Group Exceeds Ubisoft in Terms of Market Value
Adrian Werner, 10 February 2021, 11:39
Ubisoft is no longer the most valuable company in the European games industry. Yesterday it was overtaken in terms of market capitalisation by Embracer Group, which includes THQ Nordic and Deep Silver, among other entities.
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Embracer Group Acquires Gearbox Entertainment and Aspyr Media
Christian Pieniazek, 03 February 2021, 13:20
Embracer Group has announced the purchase of two major companies. The first is Gearbox Entertainment, whose biggest hit is the Borderlands series, while the second is Aspyr Media, which is rumored to be working on the third installment of the Star Wars: KotOR series.