News

Lars Wingefors steps down as Embracer CEO, Phil Rogers to take on role in August 2025
Lars Wingefors steps down as Embracer CEO, Phil Rogers to take on role in August 2025
Embracer co-founder Lars Wingefors is stepping down as CEO, with current deputy CEO Phil Rogers taking over the role in…
June 11, 2025
Embracer CEO Lars Wingefors to become executive chair and focus on M&A
Embracer CEO Lars Wingefors to become executive chair and focus on M&A
'This new phase allows me to focus on strategic initiatives, M&A, and capital allocation.'
June 10, 2025
Embracer sales drop 22% to $1.5bn, $298m debt remains
Embracer sales drop 22% to $1.5bn, $298m debt remains
Embracer Group has published its financial results for the nine months ending December 31, 2024, reporting declines acr…
May 30, 2025
Campfire Cabal returns after being shuttered by Embracer
Campfire Cabal returns after being shuttered by Embracer
THQ Nordic's studio Campfire Cabal has returned after being shuttered in 2023.
May 30, 2025
Embracer intends to spin off Coffee Stain Group by the end of 2025, with remaining business rebranded as Fellowship Entertainment
Embracer intends to spin off Coffee Stain Group by the end of 2025, with remaining business rebranded as Fellowship Entertainment
Embracer intends to spin off its Coffee Stain Group into a "standalone group of community-driven game developers and pu…
May 30, 2025
Embracer Group sees net sales across PC/console and mobile games fall in FY2024/25
Embracer Group sees net sales across PC/console and mobile games fall in FY2024/25
Embracer Group has published its financial results for the fourth quarter ending March 2025, reporting declines across …
May 30, 2025
Embracer is spinning off Coffee Stain Group and rebranding its remaining business
Embracer is spinning off Coffee Stain Group and rebranding its remaining business
The move comes after the Swedish conglomerate explained it would be splitting its business into three standalone entities.
May 22, 2025
Saber Interactive CEO donates $5 million for game industry institute at University of Texas
Saber Interactive CEO donates $5 million for game industry institute at University of Texas
Matt Karch, CEO and co-founder of Saber Interactive, appears to be the first game industry figure with his name on a university program.
April 12, 2025
Embracer studio Eidos-Montreal has laid off 75 employees
Embracer studio Eidos-Montreal has laid off 75 employees
The Deus Ex developer explained the cuts were made with one of its mandates coming to an end.
April 1, 2025
Embracer studio Crystal Dynamics has laid off 17 workers
Embracer studio Crystal Dynamics has laid off 17 workers
The Tomb Raider developer said the layoffs will help it meet its 'current business needs.'
March 28, 2025
Embracer says gutting its business has created 'strong foundation for future value creation'
Embracer says gutting its business has created 'strong foundation for future value creation'
Kingdom Come: Deliverance II exceeded expectations during a quarter that Embracer CEO Lars Wingefors described as 'reassuring.'
Feb. 13, 2025
Kingdom Come: Deliverance II sells 1 million copies in just one day
Kingdom Come: Deliverance II sells 1 million copies in just one day
Warhorse's historical-RPG is performing particularly well on Steam, and is already considered a 'triumph.'
Feb. 6, 2025