embracer group
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...
MMO Business Roundup: NetEase’s Worlds Untold, Embracer, Ubisoft, unionization, and Epic v. Google
Welcome back to another quick roundup of MMO and MMO-adjacent industry and business news. Numbers numbers numbers!
NetEase - The Chinese megacorp NetEase just can't...
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...
MMO Business Roundup: Unity clings to AI, Apple appeals again, Embracer restructures
Business doesn't take a break, and so neither must we. Except for holiday breaks. But then those also can get busy because studios sometimes...
Lightyear Frontier is a sci-fi multiplayer ‘open-world farming adventure’ headed for early access next year
What is life like as an exofarmer? Just what is an exofarmer? Can a mech be a farming implement? We're all likely to find...
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...
Embracer Group (Gearbox/Cryptic) stock nose-dives after implosion of $2B business deal
Swedish corporation Embracer Group became a big name in the MMO industry a few years ago when it bought out Perfect World Entertainment's western...
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...
Neverwinter parent company donates $2M in aid to Ukraine, IGDA calls on industry to condemn invasion
Since last week, we've been covering the game industry's response to Russia's invasion of Ukraine, as game studios and esports teams divert launches, raise...
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....
