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The Latest Breaking News from Embracer Group

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

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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

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.

TechRadar

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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.

PC Gamer

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.

Windows Central

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

Brace yourself.

PC Gamer

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

GamesRadar

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.

PC Gamer

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

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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.

Fortune

New 'Lord of the Rings' films in the works as Warner Bros. gears up to rival Disney's MCU in a 'year of building'

Warner Bros. and Embracer Group inked a deal to develop multiple feature films based on the works of J.R.R. Tolkien.

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Evening Standard

What we know about Warner Bros’ ‘multiple’ new Lord of The Rings movies

20 years have passed since the debut of Peter Jackson's trilogy, and Warner Bros. Discovery is currently competing for franchises.

The Guardian - AU

New Lord of the Rings films in the works at Warner Bros

Announcement comes 20 years after Peter Jackson’s trilogy was released and amid a scramble for franchises at Warner Bros Discovery

USA Today Sports Media Group

Star Wars: Knights of the Old Republic remake reportedly moves to Saber Interactive

The remake of Star Wars: KOTOR isn’t dead, but it’ll likely not come out for roughly two years.

Inverse

'Alone in the Dark' trailer, developer, and platforms for the horror reboot

The franchise that started the survival horror genre is being rebooted by THQ Nordic and it looks like a worthy rival to Resident Evil. Here's what we know.

USA Today Sports Media Group

Star Wars: KOTOR remake is being co-developed by Saber Interactive and Aspyr

Multiple studios are working on the project.

Inverse

Will Sony buy Square Enix? Expert says it could happen this week

A rumor suggests that Sony could be in talks to purchase Square Enix, which might be announced this week, one analyst says.

USA Today Sports Media Group

Square Enix fans aren’t happy about the sale of Tomb Raider

Lara Croft and Adam Jensen will have a new home soon, and it's not great.

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