embracer

Troubled gaming conglomerate Embracer announced Thursday that it has agreed to sell Gearbox Entertainment, the studio behind the Borderlands games, to Grand Theft Auto publisher Take-Two for $460 million. The deal makes a lot of sense —…

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…

Gamers are a passionate bunch, and we’re no exception. These are the week’s most interesting perspectives on the wild, wonderful, and sometimes weird world of video game news.6 Things To Know Before Starting Persona 5 TacticaThis Is What It…

This is Lars Wingefors, the CEO of Embracer, a Swedish holding company that owns multiple video game publishers, dozens of studios, and employs over 16,500 people. Or at least it used to. Embracer has been laying off hundreds, canceling…

Image: BungieBungie is the latest PlayStation studio to face layoffs. While the scale of the cuts wasn’t immediately apparent, multiple, now-former staff members began posting on social media on October 30 that they’d been let go by the…

Want to see a magic trick? All you need is an open-world video game that flopped at launch and a popular subscription service with millions of gamers. And presto, you can bring a “dead” game like Saints Row (2022) back to life and make it…

The video game industry is currently facing a big wave of layoffs, and even contract developers at PlayStation first-party studio Naughty Dog aren’t immune. Kotaku has learned that the maker ofhits like Uncharted 4: A Thief’s End and The…

Image: Aspyr Media / Embracer GroupA teaser for a Star Wars: Knights of the Old Republic remake coming to PlayStation 5 nearly stole the show at Sony’s September 2021 showcase. But reports surfaced last year that the project was already in…

Embracer, who own just about everybody if you haven’t been paying attention, released their Q4 (January-March) financials today, including an ongoing livestreamed sofa chat. With so many companies and games under one header we’re unlikely…