Tag: Embracer Group
News Alone In The Dark Studio 'Pieces Interactive' Has Been Closed By Embracer Group
The company continues to cut developers
Today, Swedish developer Pieces Interactive has announced its closure following this year's Alone in the Dark reboot. The team was acquired by gaming titan Embracer Group back in 2017, having first been established 10 years prior in 2007, but it will unfortunately close its doors in 2024. In a statement on...
News Embracer Group Is Splitting Into Three Companies Following Recent Layoffs
"This is the start of a new chapter"
Embracer Group has today announced its intention to split into three separate companies - 'Asmodee Group', 'Coffee Stain & Friends' and 'Middle-earth Enterprises & Friends'. The three companies will handle different aspects of Embracer's operations, as explained in a new blog post from the huge gaming ent
News Saber Interactive CEO Reckons $70 Game Prices Will Go Away
"The $70 title is going to go the way of the dodo"
This generation has marked the arrival of $70 AAA game releases, as most publishers bump up their base prices to make up for increased development costs, and inflation. The move has been somewhat controversial, and Saber Interactive CEO Matthew Karch reckons it's not here to stay - despite the team...
Reaction 'TimeSplitters: Next' Gameplay Leak Makes Us Crave A More Traditional Sequel
Not sure if Fortnite or TimeSplitters
A few months ago we got the unfortunate news that Embracer studio Free Radical had been closed down, after spending a number of years working on a new TimeSplitters game. Such a studio closure is always disheartening, but, after seeing a good chunk of gameplay on this 'TimeSplitters: Next' project we're not...
News Embracer Group Set To Sell Two Major Studios In Big-Money Deals
What next?!
Huge gaming behemoth Embracer Group has been trimming down significantly as of late - with some of its in-house studios even fully closed in the wake of a huge restructuring process at the company. And, new reports are suggesting that a couple of the group's remaining studios are now in the midst of being sold off. According to
News Embracer Group Cancelled Almost 30 Games In The Back Half Of 2023
As the company continued restructuring
It's been a rough seven or eight months for Embracer Group, as the huge gaming company gutted some of its studios and cancelled plenty of projects during a taxing 2023 for its business. Last summer we heard about this change of cou
News Deus Ex Game Reportedly Cancelled As Another Embracer Studio Hit By Layoffs
The title hadn't been announced yet
Bloomberg is reporting that another Embracer Group development team has been hit by layoffs, resulting in the cancellation of a brand-new Deus Ex game. We don't have too many details on the project — it was unannounced at the time of its reported cancellation — but the outlet claims the game was "slated to...
News Free Radical Devs Say 'Farewell' As Timesplitters Studio Gets Shut Down
"Made good memories and experience, farewell"
About two and a half years ago the team behind Timesplitters was brought back to life by Embracer Group, but it isn't going to get to release its new entry in the classic FPS franchise after all. Just like the rumours said last month, Free Radical Design is shutting down. The company's w
News Dead Island 2, Saints Row Publisher Confirms Massive Layoffs In 2023
The Saints Row dev has been completely shut down already
For a while now, we've heard several reports and rumours about unfortunate closures at some of Embracer Group's development studios, and a new financial update from the gaming giant has laid bare the scale of these cutbacks. In an official statement from the group, it's been confirmed that...
News TimeSplitters Studio Free Radical Reportedly At Risk Of Closure
Another Embracer Group shutdown could happen
The first-person shooter series TimeSplitters was meant to be making a comeback after UK developer Free Radical Design was revived in 2021. Unfortunately, in a new update, it seems the studio is now at risk of being closed down by its parent company Embracer Group. According to VGC, Embracer is still...
News Embracer CEO Admits 'Challenging Year' Despite 'Encouraging' Sales For Dead Island 2
"The decision to give the studio time to polish the game has paid off"
Embracer Group is the top-level owner of Dead Island 2 and its development studio Dambuster, who both fall under the Deep Silver publishing label. It's all a bit complicated with this company, but the bottom line is that Embracer seems happy with how the long-awaited zombie...
News Saints Row's Future Is Under Evaluation Following 2022 Reboot
"This is quite a process to evaluate your position, the outcome"
Embracer Group has shared its recent annual meeting online, and you could say things are a little uncertain regarding Saints Row, a series that now falls under the company's wing. CEO Lars Wingefors addressed the game's launch, saying he was disappointed in the reaction to the recent...
Reaction More Gaming Acquisitions Doesn't Necessarily Mean More Exclusives
The tides are changing
We seem to be caught in a whirlwind of gaming acquisition news as of late, from progress on the Xbox ActiBlizz deal, to Embracer buying a bunch of studios, to rumours about an EA deal, and even more besides. While these deals often bring out both supporters and sceptics in
News Move Over Microsoft, Embracer Group Buys Square Enix's Western Studios
Update: The deal has now gone through!
(Update: August 26, 2022) Embracer Group has today confirmed that the purchase of Square Enix's Western studios has officially concluded. The Swedish company now owns Tomb Raider, Deus Ex, Thief and more - all franchises that were previously owned by the Japanese publisher. (Original Story: May 2, 2022) Well,...
News Gearbox Is Growing With '9 AAA Games' In Development
That's a big box
Gearbox, the company behind Borderlands and Tiny Tina's Wonderlands to name a few, is growing quite substantially, it seems. The developer currently has "nine AAA games" in the works across various teams, some of which are growing. The news comes from owner Embracer Group, who recently published its latest financial report. If you...
News Expect Sequels, Remakes And More Says New Tomb Raider, Deus Ex Owners
Embrace tradition
Embracer Group's acquisition of Square Enix's western studios is the latest merger to be underway in gaming. But, what will come of the purchase for fans of Tomb Raider, Deus Ex, Thief and more? Quite a lot, if the plans outlined here come to fruition. In Embracer's latest earnings report, the company touched on its acquisition...
News Square Enix Will Still Work On Western Games Despite Studios Sale
Staying in touch
Earlier today, another huge gaming acquisition was revealed by Embracer Group. Okay, it's not Xbox-Activision Blizzard levels of huge, but the Swedish company is picking up all of Square Enix's Western studios. However, that doesn't mean that the Japanese publisher is completely cutting itself off from Western games, despite the...
