'Lord of the Rings' Owner Embracer Reports Rise in Profit, CFO to Exit
'Lord of the Rings' owner Embracer reports its adjusted operating profit has risen by 56% in Q4.
Source: variety.com
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'Lord of the Rings' owner Embracer reports its adjusted operating profit has risen by 56% in Q4.
The Embracer Group announced a huge restructuring program that includes closing studios and canceling games. Crystal Dynamics is unaffected.
Embracer Group is one of the many video games companies to restructure in an effort to control rising costs, will lead to layoffs and studio closures.
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