Dark or Light

Content Tagged With:

16 Results
Flying Wild Hog, Owned By Embracer Group, Has Unionized

Development studio Flying Wild Hog has unionized. Parent company Embracer Group has been one of many laying off employees in a rough time for the industry.

Embracer Group Restructuring Hits Fishlabs With About 50 Layoffs

Embracer Group's restructuring efforts have hit another of the company's studios. This time, around 50 employees have been let go from Fishlabs, a studio known for Galaxy on Fire and bringing Valheim to Xbox.

Industry Insider Jeff Grubb: Knights of the Old Republic Remake is Dead

Speaking on the Game Mess Mornings podcast, industry insider Jeff Grubb claims the Knights of the Old Republic remake is "no longer being worked on right now."

Embracer Group Has Laid Off 904 People Through Q3, Reduces Some Debt, but Restructuring Continues

Embracer Group released its latest financial report, which included updates on how their restructuring is going so far. With debt down to about $1.4 billion, there's still more cuts (including canceled games) to go.

Embracer Group Lays Off Cinematic Animators Digic Animation, After Zen Studios Also Cut

 Embracer Group layoffs have hit cinematics animation studio Digic Pictures, which the company acquired in 2021. 

KOTOR Remake Delisting Leads to Speculation About Possible Impact of Embracer Group Reorganization

First announced two years ago, at Sony's showcase in 2021, Star Wars: The Old Republic's remake is seemingly being officially scrubbed from around the internet. Could the project be another casualty as part of Embracer Group's reorganization?

Reports: Gearbox Entertainment and Jagex Could Potentially Be For Sale By Their Owners

According to several new reports, both Gearbox Entertainment and Jagex may find themselves up for sale soon.

Embracer Group Has Permanently Shut Down Volition Games As Part of Restructuring Efforts

As part of its ongoing restructuring, Embracer Group has shut down Saint's Row and Red Faction developer Volition Games.

New Report States Embracer's $2B Deal That Fell Through Was From Saudi-Backed Investment Fund

Earlier this year, Swedish company Embracer Group saw a deal fall through to the tune of $2 billion USD, something that caused its stock to plummet back in May. Now, thanks to a new Axios report, we know more about exactly who that deal was supposed to be with a Saudi Arabia-backed investment group.

Amazon Games Is Making A New Lord Of The Rings MMORPG

Amazon Games and Middle-earth Enterprises announced this morning that the two have entered into a partnership to make a brand new Lord of the Rings-themed MMORPG. The upcoming MMO is in pre-production and is being made by the the Amazon Games Orange County team resposible for New World.

Embracer Announces It Has Five Lord of the Rings Games In The Works In Recent Financial Report

Embracer Group recently had its quarterly financial report, and the company revealed it has more Lord of the Rings titles in the works, as well as indications its current line up of MMOs seem to be doing well for the company overall.

Embracer Group Financials Reveal Growth, Valheim Sold 10 Million and MMOs Drive Revenue

The latest financial report from Embracer Group shows growth, with MMOs among the revenue drivers. Valheim was also cited, having sold over 10 million copies.

Embracer Group May Confirm Saber Interactive Taking Over Star Wars: Knights of the Old Republic Remake

According to financial releases from Embracer Group, the company may soon confirm that Saber Interactive is taking over development on the Star Wars: The Old Republic remake.

Embracer Group Acquires Middle-earth Enterprises; Now Owns IP Rights To LOTR and More

In a move announced late last night (or early morning in Europe, take your pick), Swedish company, and now seemingly owner of Geekdom, Embracer Group announced they had acquired Middle-earth Enterprises. This means that the company now owns the company that owns the adaptation rights for Tolkien's Legendarium.

Embracer Group Buys Crystal Dynamics, Eidos, and Square Enix Montreal, With Tomb Raider, Deus Ex, Thief IPs

Embracer Group has announced a deal to acquire Crystal Dynamics, Eidos, and Square Enix Montreal for $300 million, a deal which includes over 50 IPs.