How Embracer's layoffs and project cancellations gutted Fishlabs, a promising studio that now lives on as a cross-dev team supporting other Embracer companies
developed at Fish Labs —sequel to Guerrilla, which played 100 years after it —more open-ended play experience —after the cancellation, Fishlabs were told to layoff the team. — https://www.rockpap...
How Embracer's layoffs and project cancellations gutted Fishlabs, a promising studio that now lives on as a cross-dev team supporting other Embracer companies
The exclusive inside story of Chorus developers Fishlabs, from Project Black to Project White — A phoenix is a mythological firebird …
Embracer reports FY2023-24 net sales up 12% YoY to ~$3.9B, PC/Console up 7% YoY to ~$1.3B, and Mobile up 2% YoY to $551M; its CFO and deputy CEO steps down
CEO Lars Wingefors says past fiscal year was “transformative” as group presses on towards three-way split — News by James Batchelor Editor-in-chief
An interview with Saber founder Matthew Karch on criticism of Embracer, joining Embracer's board in 2020, layoffs, and Embracer's $2B+ Savvy deal breaking down
Studio founder shares his view of the story behind Embracer's struggles, and why he's bullish on the group's recovery
Source: Embracer plans to sell its subsidiary Saber Interactive to private investors in a $500M deal, making Saber a privately-owned company with ~3,500 staff
Saber will continue developing Star Wars: Knights of the Old Republic — Swedish gaming company Embracer Group AB will sell …
Source: Embracer will sell its subsidiary Saber Interactive to private investors in a $500M deal, making Saber a privately owned company with ~3,500 staff
Saber will continue developing Star Wars: Knights of the Old Republic — Swedish gaming company Embracer Group AB will sell …
Embracer reports Q2 net sales up 13% YoY to ~$1B, layoffs that impacted ~900 staff, or 5% of its workforce, and 36 fewer games in development than in Q2 2022
and Warns of More to Come Derek Strickland / TweakTown : Embracer likely to cancel more games to reduce expenses, may shy away from external projects X: Rim / @rim_aj : An estimated 7,100 layoffs this...
Embracer reports Q2 net sales up 13% YoY to ~$1B, layoffs impacted 900 employees, or 5% of its workforce, and 36 fewer games are in development than Q2 2022
“Lord of the Rings” owner Embracer Group has reported a 13% increase in net sales year-on-year in Q2, in part thanks to its intensive restructuring program.
Sources: seeking to shore up its finances, Embracer is considering options for US-based Borderlands developer Gearbox, acquired in a $1.4B deal in February 2021
Embracer (EMBRACb.ST) is considering options for its U.S. game developer Gearbox Entertainment including a sale …
Filing: Embracer paid ~$395M for Lord of the Rings and The Hobbit rights in 2022, far below ~$2B estimates; Amazon reportedly paid $250M for just the TV rights
K.J. Yossman / Variety :