The Saints Row reboot finally released last month, though to an unfortunately poor reception – commercially, but especially crititcally. The founder and CEO of Embracer Group has now commented on the matter. As transcribed by Stephen Totilo, Lars Wingefors, the founder and CEO of Embracer Group (publisher Deep Silver’s parent …
Read More »Embracer completes acquisition of Tomb Raider, Deus Ex and studios behind them
It has only been a few months since Square Enix announced that it was selling off multiple western studios and their IP to Embracer Group in a deal worth $300M. While some larger deals take a year or more to complete, this one was wrapped up pretty quickly, with Embracer …
Read More »Embracer Group just acquired the IP rights to Lord of the Rings, The Hobbit and more
Back in February, we heard that The Saul Zaentz Company, the owner of Middle-Earth Enterprises, was looking to auction off the IP rights for The Lord of the Rings and The Hobbit. In a surprise move, Embracer Group has now revealed itself as the buyer. Just a few months after …
Read More »Aspyr’s KOTOR Remake is reportedly ‘on hold’ and may not reappear for years
It looks like Aspyr's ambitious remake of Star Wars: Knights of the Old Republic is still many years away. While the original plan was to have the remake finished this year, sources have confirmed that the project is now being rebooted, seemingly after a poor demo showing that led to two team leads losing their jobs.
Read More »Saber Interactive is working with Aspyr on Knights of the Old Republic Remake
Star Wars: Knights of the Old Republic is regarded by fans as one of the best Star Wars games of all time and we've been hoping for a return to the series for quite some time. Last year, Aspyr Media confirmed it is working on a remake, and now, it …
Read More »Crystal Dynamics will still co-develop Xbox’s Perfect Dark reboot
It has been six months since The Initiative announced that Tomb Raider and Marvel's Avengers studio, Crystal Dynamics, would also be a development partner on Xbox's Perfect Dark reboot. Now, Crystal Dynamics is splitting off from Square Enix, having been sold to Embracer Group, along with the Tomb Raider IP. …
Read More »Square Enix is keeping a handful of western IP, including Life is Strange and Just Cause
Square Enix is making headlines this week after selling off a good chunk of its western development studios and valuable IP, like Tomb Raider and Deus Ex. The Japanese publisher isn't pulling out of western games entirely though. From what we know so far, Square Enix will be holding on …
Read More »Square Enix sells off western studios, Tomb Raider, Deus Ex and other IP for $300 million
It has been just over a year since we first learned that Square Enix was shopping itself around and looking to sell. As it turns out, Square Enix will be sticking around, but the Japanese publisher is essentially pulling out of western game development for now, selling off its major studios and IP, like Tomb Raider and Deus Ex.
Read More »Devs detail extensive customisation options in Saints Row reboot
Volition revealed the Saints Row reboot last year, initially with the goal of launching the game in early 2022. The game was swiftly delayed, especially after fans had plenty of feedback following its reveal. Now, Saints Row is back again, this time with a new look at character customisation in-game. …
Read More »Embracer Group plans to spend Billions on more acquisitions
In the past few years, we have seen the video games industry consolidated into fewer but larger publishers, with holding companies growing faster than ever as all manner of developers and publishers scramble to acquire as many studios as is legally possible. Embracer Group is one such company, and according …
Read More »Dead Island 2 to release by March 2023
It has been eight years since Dead Island 2 was first announced and several years since the last update on the game’s development. Just one week ago, a leaker claimed that the game was finally heading towards release and now, Deep Silver's parent company has confirmed exactly that. Originally revealed …
Read More »Embracer Group acquires Dark Horse Media – now owns 77 studios
As the video games industry continues to expand, we are beginning to see the consolidation of many smaller studios, publishers and ancillary companies by larger holding companies. Such is the case with Embracer Group, which has now announced that they have acquired the comics and manga publisher Dark Horse Media. …
Read More »Randy Pitchford reportedly stepping down as Gearbox Software head
Update: In a statement sent shortly after publishing, a Gearbox representative sent over the following statement: “There is no validity to this claim, and Randy Pitchford will NOT be stepping down as the CEO of Gearbox Entertainment Company.” See our updated articled HERE. Back in February, Embracer Group acquired Gearbox …
Read More »Embracer Group acquires eight more game studios
Embracer Group has been on a huge acquisition spree recently, snapping up the likes of Gearbox Software, Deep Silver, THQ Nordic and a slew of smaller studios. Today, the company announced that it has acquired another eight studios, including those behind recent indie hits like Deep Rock Galactic. Embracer Group …
Read More »Gearbox shuts down Homeworld 3 Fig investment scheme
A few years ago, Gearbox announced plans to publish Homeworld 3, which is being developed by Blackbird Interactive. Following the announcement, the game launched an investment campaign on Fig, but a lot has changed at Gearbox since then. As a result, the investment scheme on Fig is shutting down. The …
Read More »Embracer Group overtakes Ubisoft to become Europe’s most valuable gaming company
The stock market is a fickle beast, and yet it continues to be widely recognised as one of the main determining factors of a company’s value. In that respect, Embracer Group, the holdings company for a number of game companies including Gearbox and THQ Nordic, has now overtaken Ubisoft to …
Read More »Gearbox will continue making Borderlands games, despite acquisition
Recently we reported that Embracer Group has agreed to acquire Gearbox Entertainment for $1.3 Billion (depending on performance targets). At the time, we postulated as to what this would mean for the studio’s Borderlands series, which has historically been published by 2K. According to 2K Games, Borderlands titles will continue …
Read More »Embracer Group acquires Gearbox Entertainment in $1.3 billion deal
Embracer Group has been on an acquisition spree for a while now. The company owns THQ Nordic, Deep Silver and a huge number of other development studios. This week, the company signed off on its biggest acquisition yet – Gearbox Entertainment. Embracer Group is acquiring Gearbox Entertainment in a $1.3 …
Read More »SpongeBob SquarePants remake has sold over 1 million copies
The current generation of gaming has seen a number of older-gen titles receiving full-blown from the ground up remakes. Titles such as Crash Bandicoot N. Sane Trilogy, Spyro Reignited Trilogy and Shadow of the Colossus have all released to great success. One more game is now set to join the …
Read More »Embracer Group acquires several new studios including 4A Games
Embracer Group, the parent company of THQ Nordic, has acquired a number of game studios this week, starting off with 4A Games – best known for the Metro series. Not only has 4A Games been acquired, but their new owners also confirmed that work on a fourth Metro game is …
Read More »Metro Exodus considered a success on Steam with 200K copies sold already
Metro Exodus is finally on Steam after a 1-year exclusivity period on the Epic Games Store. While there were questions about how well the game would do one year later, Steam users were quick to buy, with 200,000 copies sold already, in part thanks to a 40% off sale. Metro …
Read More »Embracer Group buys Saber Interactive, the studio behind The Witcher 3’s Switch port
Embracer Group, the parent company of THQ Nordic continues to grow exponentially as it acquires more and more video game developers. The latest studio to be bought is Saber Interactive, the US-based video game developers known best for having ported The Witcher 3 to the Nintendo Switch – a task previously …
Read More »Embracer Group buys Little Nightmares developer Tarsier Studios for £8.1m
Embracer Group, the Swedish holding company that owns THQ Nordic, Koch Media and Coffee Stain, has acquired the developers of Little Nightmares, Tarsier Studios, for a total of £8.1m/€9.5m/$10.5m, divided in cash (88.9%) and Embracer B-shares (11.1%). This acquisition includes the studio, its 65 employees, and the IPs that it owns. …
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