Embracer Group has said the Lord of the Rings intellectual property (IP) is performing “well ahead” of the business plan it set out when it bought the franchise in 2022. Money generated by Middle-earth Enterprises grew significantly after “strong” licensing revenue for The Lord of the Rings, Embracer said in its financial report for the… Continue reading Lord Of The Rings IP “Well Ahead Of Business Plan”, Embracer says
Tag: Embracer
Embracer Group’s Partner Who Walked From $2 Billion Deal Finally Revealed
The Embracer Group’s $2 billion mystery funding partner that disappeared and left the company out to dry is reportedly Savvy Games Group, which is a Saudi government-funded company. According to Axios, Savvy was reportedly looking to get involved with game publishing with The Embracer Group in order to establish itself as a major gaming label.… Continue reading Embracer Group’s Partner Who Walked From $2 Billion Deal Finally Revealed
Embracer Group Is Starting to Close Studios After Losing Out on Deal Worth Billions
Embracer Group has shut down Campfire Cabal as the company begins closing down some of its development studios after announcing a few months back that a deal worth $2 billion fell through. The news was first made on LinkedIn (spotted by X user @bogorad222) by Bruno-Christian Belibou, who, according to his LinkedIn account, was an… Continue reading Embracer Group Is Starting to Close Studios After Losing Out on Deal Worth Billions