embracer

Embracer confirms layoffs of nearly 1400 people were part of efforts to ‘always maximize shareholder value’

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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

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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

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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...
Crashed.

Veteran games studio Volition is shuttered as part of Embracer’s restructuring

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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

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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...
Undead undead undead.

Embracer Group’s botched $2B deal was with Saudi Arabia’s Savvy Games Group

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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

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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

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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...

Embracer’s revenues soar as LOTR gets new games and Neverwinter, Star Trek Online bolster back catalogue

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Embracer Group posted its fiscal year Q3 2022 earnings today, representing the fourth quarter of the year (October, November, and December). The megacorp saw...

Saudi Arabia buys a $1B chunk of Gearbox’s Embracer Group to extend games reach to the MENA region

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Last December we reported on the news of Gearbox Entertainment subsidiary Embracer Group buying up PWE and Cryptic to the tune of $125M in...
Wiz.

Embracer Group is rebranding Perfect World Entertainment as Gearbox Publishing

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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...
Play to wlin.

Everything we learned about PWE’s and Cryptic’s MMOs thanks to the Embracer buyout

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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...

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