Page 54 - Saber Interactive News Today

Embracer Group is parent company of Eidos-Montéal, Crystal Dynamics, Square Enix Montéal, Dark Horse Media

Embracer Group AB has appointed Matthew Karch as interim Chief Operating Officer. In addition, Phil Rogers, has been appointed interim Chief Strategy Officer, a newly created position. Both will join... | June 13, 2023

'Lord of the Rings' owner Embrace has unveiled a dramatic company restructure including a new COO, studio closures and lay-offs.

Is this the end for the KotOR remake, the Saints Row team at Volition, Evil West\s Flying Wild Hog or the 100+ other studios owned by the Swedish company?

The company which own Gearbox, Crystal Dynamics, and so many more have announced a big restructuring which will close some studios and cancel some games.

Embracer Group announced a comprehensive restructuring program for FY 2023/24 which will result in the closure of development studios, cancelation of various unannounced titles and layoffs.

The Embracer Group announced a huge restructuring program that includes closing studios and canceling games. Crystal Dynamics is unaffected.

'Lord of the Rings' IP owner Embracer Group is planning layoffs, and the sale or closure of gaming studios as part of a restructuring program.

Embracer Group says it intends to become

Embracer Group, which has a number of game publishers and studios under its large company, stated that it will be conducting a review of its operations that will result in a reduction of operations.