embracer gearbox quarterly financials
Embracer confirms layoffs of nearly 1400 people were part of efforts to ‘always maximize shareholder value’
It's only mid-February but already we have a lead contender for most vile CEO quote of 2024: Embracer Group's third quarter fiscal report is...
Rumor: Embracer is trying to sell Gearbox – and therefore Cryptic and its MMORPGs
The Embracer Group contract disaster continues to generate destructive waves all over the gaming industry, and now it's landing at our doorstep, as the...
Embracer Group is killing off Flying Wild Hog’s Jagex-pubbed Space Punks
The Embracer Group financing catastrophe and failed Saudi investment are continuing to have ripple effects in the MMO and multiplayer genres as now, the...
Veteran games studio Volition is shuttered as part of Embracer’s restructuring
It's not an MMO studio, but it's still a significant loss for gaming that Volition is being shut down. The studio was owned by...
Embracer Q1 FY 23/24: Sales and debts improve, Cryptic MMOs bolster back catalogue
It's time for another MMO and multiplayer fiscal report, this time coming from Embracer Group, the company that owns Gearbox Publishing, which owns Cryptic...
Embracer Group’s botched $2B deal was with Saudi Arabia’s Savvy Games Group
If you're a fan of the games put out by Cryptic Studios or just Gearbox Publishing in general, you probably have not forgotten that...
Embracer (Gearbox) announces major restructure with layoffs and canceled games
Just three weeks ago, Embracer Group - the megacorp that owns gobs of properties, including Gearbox, which governs Cryptic and a bunch of MMORPGs...
Amazon has revived its Lord of the Rings MMORPG, now collaborating with Embracer
Amazon and Embracer announced this morning that they're building a new MMORPG based on The Lord of the Rings.
To understand what the heck is...
Embracer’s revenues soar as LOTR gets new games and Neverwinter, Star Trek Online bolster back catalogue
Embracer Group posted its fiscal year Q3 2022 earnings today, representing the fourth quarter of the year (October, November, and December). The megacorp saw...
Embracer Q3 2022: Mobile game ads drive revenue with Cryptic MMOs contributing
Before we dive in to the numbers, we'll remind you that Embracer Group is the company that owns publisher Gearbox Software, which now governs...
Lord of the Rings Online’s next two zones leak as Embracer buys up rights to the LOTR franchise
There's a big announcement on the horizon for Lord of the Rings Online -- but it may have just been leaked from the game's...
MMO Business Roundup: Embracer, Perfect World, ESO Chinese localization, and Runeterra cheaters
Welcome back to another roundup of MMO and MMO-adjacent business news.
Embracer - The company that now owns MMORPG studio Cryptic and all its games...
Saudi Arabia buys a $1B chunk of Gearbox’s Embracer Group to extend games reach to the MENA region
Last December we reported on the news of Gearbox Entertainment subsidiary Embracer Group buying up PWE and Cryptic to the tune of $125M in...
Embracer Group is rebranding Perfect World Entertainment as Gearbox Publishing
Following the buyout of Perfect World's North American branch by Embracer and its Gearbox subsidiary last year, Gearbox has announced that Perfect World Entertainment...
Everything we learned about PWE’s and Cryptic’s MMOs thanks to the Embracer buyout
Earlier this week, we covered the news that Perfect World's North American branch, and by extension its publishing branch and Cryptic Studios, had been...
PWE and Cryptic have been bought out by Gearbox’s Embracer Group
We keep joking that the week before Christmas is basically the Friday night of burying last-minute news, and it keeps on proving us right....
