Embracer has announced that its console and pc game sales for the first quarter of fiscal year (FY) 2025 have fallen by 34% to $253 million compared to the same time period last year.

Embracer Group said that the Alone in the Dark reboot failed to meet expectations after its March 2024 release. The announcement came as part of the company’s latest earnings report released on Thursday. The company says that the reboot of the 1990s classic franchise had a “softer-than-expected performance”. They added that despite seeing a “positive […]

A new press release revealed that Embracer Group is planning to split into three companies, including “Middle-earth Enterprises & Friends.”

The Embracer Group became something of an industry boogeyman over the last year and a half as a result of the company’s divestiture of assets and mass laying off of more than 1,400 employees. As Embracer rushed to restructure following the implosion of a sizeable deal worth $2 billion, studios were closed, employees were dismissed, […]

Embracer announced today that it has sold off Saber Interactive assets for $247 million to Matthew Karch, Saber’s co-founder.

It was recently reported that the Embracer Group is closing in on the final stages of a deal that’ll see Gearbox sold out from under the rapidly restructuring company. It has been claimed that Gearbox is ‘closer than ever to being sold’ following suggestions last year that the company was being sized up for a […]