Gearbox Entertainment Could Potentially Go Independent

Mortal Kombat 1 has been out for a few days, but developer NetherRealm Studios already has plenty of upcoming content in the pipeline, which, unsurprisingly, also includes guest DLC characters in the form of The Boys’ Homelander, DC’s Peacemaker, and Invincible’s Omni-Man. However, those might not be the only gues characters that will added to the game in the coming months.

Sony Interactive Entertainment president and CEO Jim Ryan will retire in March 2024 after nearly 30 years with the PlayStation business, the company announced.

Actor Cameron Monaghan casually confirmed that a sequel to Star Wars Jedi: Survivor is in development. During the Ocala Comic Con event, the voice and motion capture artist behind the protagonist Cal Kestis said, “We're working on the third. We're in the process of doing it right now.” The news comes as a surprise, considering the series director Stig Asmussen, who rebuilt and instilled faith in single-player Star Wars games, recently left EA/ Respawn Entertainment. However, he always expressed interest in furthering and concluding Cal's arc through a trilogy, with discussions of a sequel dating back even before 2019's Star Wars Jedi: Fallen Order was out.

The Borderlands studio is reportedly up for sale, and some believe Take-Two could be a good home.

Take-Two has refused to be drawn on whether it would be interested in acquiring Gearbox Entertainment, following reports that the Borderlands studio is potentially up for sale.

Director Stig Asmussen, who worked onStar Wars Jedi: Fallen Order and Star Wars Jedi: Survivor, is leaving Respawn Entertainment. In a statement to Bloomberg, an Electronic Arts spokesperson said, “After careful thought and consideration, Stig Asmussen has decided to leave Respawn to pursue other adventures, and we wish him the best of luck.”

Borderlands developer Gearbox is reportedly up for sale by parent company Embracer Group. As per Reuters, the Swedish conglomerate is looking to restructure following a $2 billion (about Rs. 16,586 crore) deal with Saudi Arabia government-funded Savvy Games Group that fell through, earlier this year. The fallout resulted in the former cutting down on spending, in addition to closing down studios and laying off its employees. Having been acquired merely two-and-a-half years ago, Gearbox is now the latest victim, with some alleged third-party publishers expressing interest in acquiring the developer. No names were mentioned, though they were described as “international gaming groups.”

Reports have emerged that Embracer Group are exploring the sale of Gearbox, as the once omnivorous publisher holding company continues to undergo a large-scale restructuring program after a $2 billion investment deal fell through earlier this year.

Embracer is reportedly considering the sale of Borderlands developer Gearbox Entertainment just over two years after it  purchased the company for $1.38 billion.

Gearbox Entertainment, the developer of the Borderlands franchise, is reportedly being put up for sale by parent company Embracer Group.

According to several new reports, both Gearbox Entertainment and Jagex may find themselves up for sale soon. Owners Embracer Group and the Carlyle Group, respectively, are potentially looking to offload the companies.

Less than two weeks after the surprise closure of Saints Row studio Volition, a Reuters report says Embracer Group is now looking to rid itself of Borderlands studio Gearbox Entertainment—not through a shutdown this time, but a sale.