Embracer Group

Embracer bought Borderlands maker Gearbox Entertainment for $1.3 billion back in early 2021 amid an unprecedented acquisition spree that’s since turned into a financial disaster. Now, just three years later, Kotaku has learned that Gearbox…

Bloomberg is reporting that Saber Interactive, the developers reportedly working on a remake of Star Wars: Knights of the Old Republic, is being sold by Embracer Group to a private investment group. Embracer Group has been going…

One of the biggest complaints about last year’s Game Awards was that the show did not let winners talk. Even when folks from Larian Studios got on the stage to accept the Game of the Year award for Baldur’s Gate 3, they were told to “wrap…

Embracer Group has released its fiscal report for Q3 2023, and while much of it is operational information for shareholders, it does provide some insight into where they are in regard to the vicious restructuring that has resulted in a…

Image: Eidos MontrealEmbracer Group, the proverbial grim reaper of video game acquisitions, has been wreaking havoc on the studios and IP it has acquired in the past few years. From layoffs across several companies to shutting down of…

According to reporting from Kotaku, Black Forest Games has announced the termination of 50% of its overall workforce, which was said to be around 110 employees in 2023. They join a growing list of layoffs experienced in the industry,…

In October 2021, developer Eidos-Montréal, the team behind the basically-dead live-service title Marvel’s Avengers, launched Guardians of the Galaxy. The single-player, third-person shooter was excellent, offering great combat, likable…

According to 3D Realms founder Scott Miller, the Danish development company is the latest to be hit with layoffs from parent company Embracer Group. Miller confirmed that several sources from the company told him that at least half of…

At first it was a rumor, then it was news, and now it’s a reality. The recently revived Free Radical appears to have closed down today, another loss in Embracer Group’s ongoing campaign of shutdowns and layoffs. While the original…

It’s been a tough ol’ year for people working in the corporate video game world. Publishers and studios have been laying people off at an alarming rate. Embracer Group is just one example, and it’s recently been suggested that the holding…