Lars Wingefors

$70 titles are doomed to go “the way of the dodo” says Saber Interactive CEO - rockpapershotgun.com
rockpapershotgun.com
11.04.2024

$70 titles are doomed to go “the way of the dodo” says Saber Interactive CEO

The $70 release day price for standard AAA titles is both unsustainable and on the way out, claims Saber Interactive CEO Matthew Karch, via an interview with IGN reporter Rebekah Valentine.

Saber Interactive boss defends Embracer's acquisition strategy after "bittersweet" split - eurogamer.net - Sweden
eurogamer.net
09.04.2024

Saber Interactive boss defends Embracer's acquisition strategy after "bittersweet" split

Saber Interactive CEO Matthew Karch has defended Embracer's acquisition strategy, following its split from the Swedish conglomerate.

Saber’s CEO: Embracer “Was Supportive Of Our Ambitions”, Layoffs Happened Because The Market Lost Patience With Them - gameranx.com
gameranx.com
09.04.2024

Saber’s CEO: Embracer “Was Supportive Of Our Ambitions”, Layoffs Happened Because The Market Lost Patience With Them

Saber CEO Matthew Karch has entered a no-holds barred interview with IGN about his company’s experience with Embracer Group. But what he has to say is probably going to surprise you.

Saber Interactive founder says ‘everyone seems to like to pick on Embracer’ - videogameschronicle.com - Sweden
videogameschronicle.com
04.04.2024

Saber Interactive founder says ‘everyone seems to like to pick on Embracer’

Saber Interactive founder Matthew Karch has launched a defence of his former employer Embracer Group and its CEO, Lars Wingefors.

Knights of the Old Republic remake devs insist the game is “alive and well” after their split from Embracer - rockpapershotgun.com
rockpapershotgun.com
03.04.2024

Knights of the Old Republic remake devs insist the game is “alive and well” after their split from Embracer

Presumably, the remake of Star Wars: Knights of the Old Republic can’t hold up a newspaper with today’s date to prove that it is actually doing okay and hasn’t been quietly disposed of in a tax report somewhere, Warner Bros-style. As such, it falls to the head of current developers Saber Interactive to promise that the long-in-the-works Star Wars game is still “alive and well”.

Borderlands makers Gearbox don’t quite escape Embracer layoffs despite recent sale, as studio confirm fresh cuts - rockpapershotgun.com - state Texas - San Francisco - city Amsterdam
rockpapershotgun.com
03.04.2024

Borderlands makers Gearbox don’t quite escape Embracer layoffs despite recent sale, as studio confirm fresh cuts

Despite seemingly escaping the Embrace(r) of death through their sale to Take-Two at the end of last month, Gearbox Entertainment haven’t quite emerged unscathed. The studio has confirmed a number of layoffs shortly after the announcement of the sale, while clarifying that no positions related to the development of games were affected.

Gearbox Entertainment confirms layoffs following sale from Embracer - gamesindustry.biz
gamesindustry.biz
03.04.2024

Gearbox Entertainment confirms layoffs following sale from Embracer

Gearbox Entertainment has announced an unspecified number of redundancies following its sale from Embracer last week.

Knights Of The Old Republic Remake Is "Alive And Well", Says Saber CEO - thegamer.com
thegamer.com
03.04.2024

Knights Of The Old Republic Remake Is "Alive And Well", Says Saber CEO

Sony announced a remake of Star Wars: Knights of the Old Republic three years ago during the 2021 PlayStation Showcase. Since then, the trailer was delisted, it was indefinitely delayed, and it changed developers. Fears of it being cancelled have been mounting as both Disney and Embracer remain quiet, but developer Saber Interactive insists that it's still in the works and only yesterday revealed that the project is "alive and well".

Star Wars KOTOR Remake Is Alive and Well, Promises Saber CEO - wccftech.com
wccftech.com
03.04.2024

Star Wars KOTOR Remake Is Alive and Well, Promises Saber CEO

The remake of Star Wars KOTOR (Knights of the Old Republic) is alive and well. That's the promise made to the countless fans of the game by Saber Interactive CEO Matthew Karch, speaking to IGN. The executive also said the studio is 'dedicated to making sure consumer expectations are exceeded', which likely hints at several years of development still needed. Indeed, Embracer Group CEO Lars Wingefors recently admitted the game needed more than a year of production.

Star Wars: Knights of the Old Republic Remake 'Alive and Well', Says Saber Interactive CEO - gadgets.ndtv.com
gadgets.ndtv.com
03.04.2024

Star Wars: Knights of the Old Republic Remake 'Alive and Well', Says Saber Interactive CEO

Since its reveal at PlayStation Showcase in 2021, Star Wars: The Knights of the Old Republic Remake has had a tumultuous development history. The remake of the beloved RPG from 2003 was delayed indefinitely and changed developers in 2022, with Saber Interactive taking over from Aspyr. Last month, Saber along with other studios under its brand and its licensed IPs, was sold for $247 million by Embracer Group, creating further uncertainty around the remake project. Now, Saber has confirmed that the studio is still working on the game.

Saber Interactive CEO Says KOTOR Remake Is 'Alive and Well' - ign.com
ign.com
02.04.2024

Saber Interactive CEO Says KOTOR Remake Is 'Alive and Well'

Star Wars: Knights of the Old Republic Remake is one of gaming's most elusive projects. Announced in 2021, the long-awaited remake has changed hands multiple times, seemingly stopped development and restarted again, and after six years of development has yet to manifest. Fortunately, we finally have a real, concrete update on what's going on. Saber Interactive is still working on it, and according to the CEO, it's "alive and well."

Embracer CEO says it's "way too early" for the company to "start talking about" acquiring new studios - eurogamer.net
eurogamer.net
02.04.2024

Embracer CEO says it's "way too early" for the company to "start talking about" acquiring new studios

Embracer CEO Lars Wingefors has acknowledged it's «way too early» for the company to «start talking about» acquiring new studios.

Embracer’s Restructuring Program is Finally Over, “Way Too Early” to Start Talking About Acquisitions Again - gamingbolt.com
gamingbolt.com
29.03.2024

Embracer’s Restructuring Program is Finally Over, “Way Too Early” to Start Talking About Acquisitions Again

After failing to close a $2 billion deal with Saudia Arabia’s Savvy Games Group, in June of last year, Embracer Group announced that it would be shuttering studios, cutting jobs, and cancelling games as part of a significant internal restructuring program in order to get its finances back into shape. That restructuring program is now finally over, with Gearbox Entertainment’s sale to Take-Two Interactive for $460 million seemingly being the final major step of that process.

Embracer Says Restructure Is Over, and They’re Not Going to Acquire New Companies for Now - wccftech.com
wccftech.com
29.03.2024

Embracer Says Restructure Is Over, and They’re Not Going to Acquire New Companies for Now

Following the sales of Saber Interactive (to a new company founded by Saber CEO Matthew Karch) and Gearbox Software (to Take-Two), the Embracer Group held an investors call to confirm the end of its dreaded restructuring program.

Embracer CEO says it’s ‘too early’ to start buying studios again - videogameschronicle.com
videogameschronicle.com
29.03.2024

Embracer CEO says it’s ‘too early’ to start buying studios again

Embracer CEO Lars Wingefors has told investors he believes it’s “too early” for the group to start considering studio acquisitions again, following the completion of its costly restructuring.

Embracer say their restructure is over, but it's "too early" to start acquiring studios again - rockpapershotgun.com
rockpapershotgun.com
29.03.2024

Embracer say their restructure is over, but it's "too early" to start acquiring studios again

Earlier today, megacorp Embracer announced they were selling Borderlands developer Gearbox to Take-Two. During an investor call about the divestment, CEO Lars Wingefors confirmed that this brought an end to the restructuring process Embracer announced last year. He was also asked whether this meant Embracer had plans to start acquiring other studios again.

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m - techradar.com
techradar.com
28.03.2024

Embracer sell off more assets with Gearbox being acquired by Take-Two for $460m

Take-Two is acquiring Gearbox Interactive from Embracer Group for a cool $460m.

Embracer sell Borderlands devs Gearbox to Rockstar parent Take-Two for $460 million in shares - rockpapershotgun.com - state Texas - Sweden - San Francisco
rockpapershotgun.com
28.03.2024

Embracer sell Borderlands devs Gearbox to Rockstar parent Take-Two for $460 million in shares

Embracer have announced that they're selling Borderlands developers Gearbox Entertainment to Take-Two Interactive, owners of 2K Games and GTA 6 developers Rockstar, for $460 million in Take-Two shares. Three Gearbox Software studios - the flagship studio in Texas, together with Gearbox Montréal and Gearbox Quebec - will change hands as part of the deal. Take-Two will also acquire the Borderlands and Tiny Tina's Wonderlands franchises, together with Homeworld, Risk of Rain, Brothers in Arms and Duke Nukem.

Embracer sells off Gearbox to Take-Two for $460 million - thesixthaxis.com - state Texas
thesixthaxis.com
28.03.2024

Embracer sells off Gearbox to Take-Two for $460 million

A good few months after a sale was first reported to be on the table, Embracer has now confirmed the sale of Gearbox Entertainment to Take-Two Interactive for $460 million. This brings Gearbox in house with long term publishing partner 2K Games, who still had publishing rights to the Borderlands franchise, even with the developer under Embracer’s ownership.

Take-Two is acquiring Borderlands maker Gearbox from Embracer for $460M - videogameschronicle.com
videogameschronicle.com
28.03.2024

Take-Two is acquiring Borderlands maker Gearbox from Embracer for $460M

Embracer Group has announced that it has sold Borderlands developer Gearbox Entertainment to Take-Two Interactive.

Take-Two Interactive Acquires Gearbox Software from Embracer for $460 Million - gamingbolt.com
gamingbolt.com
28.03.2024

Take-Two Interactive Acquires Gearbox Software from Embracer for $460 Million

After months of rumors, the Embracer Group has confirmed an agreement to sell parts of Gearbox Entertainment to Take-Two Interactive for $460 million. The divested assets include Gearbox Software, Gearbox Montreal, Gearbox Studio Quebec and franchises like Borderlands, Tiny Tina’s Wonderlands, Homeworld, Risk of Rain, Duke Nukem and Brothers in Arms.

Saber Interactive Will Split from Embracer Group in Complicated But Amicable Divestment | Push Square - pushsquare.com - Russia - Sweden
pushsquare.com
20.03.2024

Saber Interactive Will Split from Embracer Group in Complicated But Amicable Divestment | Push Square

The collapse of the utterly reckless Embracer Group continues to occur publicly, as juggernaut development unit Saber Interactive has announced plans to split from the embattled Swedish organisation. The division will be purchased by Beacon Interactive, a new holding firm controlled by Saber Interactive’s co-founder Matthew Karch. But as detailed in a press release on the divestment, there’s still plenty to be untangled between the two titans.

Star Wars: Knights of the Old Republic Remake Sounds a Long Way Away - ign.com - Britain - Sweden - Saudi Arabia
ign.com
15.03.2024

Star Wars: Knights of the Old Republic Remake Sounds a Long Way Away

The troubled Star Wars: Knights of the Old Republic remake is still a long way away, the boss of Embracer has suggested.

Star Wars: KOTOR Remake Likely Releasing in 2025 or Later - comingsoon.net
comingsoon.net
14.03.2024

Star Wars: KOTOR Remake Likely Releasing in 2025 or Later

According to Embracer Group, the remake likely won’t release within the next year. Embracer also announced the sale of Saber Interactive, with the KOTOR remake now a joint venture.

It Looks Like Embracer And Saber Will Still Share The Knights Of The Old Republic Remake - gameranx.com
gameranx.com
14.03.2024

It Looks Like Embracer And Saber Will Still Share The Knights Of The Old Republic Remake

The remake of Knights of the Old Republic is now in a strange situation, after Embracer’s sale of Saber Interactive.

Star Wars: KOTOR Remake Gets Disappointing Update - gamerant.com
gamerant.com
14.03.2024

Star Wars: KOTOR Remake Gets Disappointing Update

In a series of announcements, Embracer Group has hinted that gamers shouldn't expect to get their hands on the upcoming Star Wars: Knights of the Old Republic remake this year. BioWare's classic action RPG released back in 2003, but it's still remembered fondly by fans. Star Wars: Knights of the Old Republic was part of what many gamers refer to as the developer's «golden age,» and more than a few players have been eager to see it updated for modern consoles.

Star Wars: Knights Of The Old Republic remake release left in limbo by Saber Interactive sale - rockpapershotgun.com
rockpapershotgun.com
14.03.2024

Star Wars: Knights Of The Old Republic remake release left in limbo by Saber Interactive sale

This week's announcement that Embracer are selling off Saber Interactive to new company Beacon Interactive has cast further doubt over the future of one of Embracer's bigger projects, the much-delayed Star Wars: Knights Of The Old Republic remake. While Embracer have yet to actually state this out loud, it sounds like the KOTOR remake will be a "joint project" between Saber and Embracer. It also probably won't be out in the next 12 months. Given the project's repeated disruptions and delays, I suspect many of us will settle for the game coming out at all.

Embracer sells a big chunk of Saber Interactive in a deal worth around $500 million - engadget.com - Russia - Saudi Arabia
engadget.com
14.03.2024

Embracer sells a big chunk of Saber Interactive in a deal worth around $500 million

As expected, the Embracer Group has sold much of Saber Interactive, which is known for the Metro series, Gloomhaven and remakes of classic Star Wars titles. The buyer is a group of private investors under the umbrella of Beacon Interactive, which is run by Saber co-founder Matthew Karch.

Star Wars: Knights of the Old Republic – Remake Has “Some Time Left” Until Launch, Embracer Suggests - gamingbolt.com
gamingbolt.com
14.03.2024

Star Wars: Knights of the Old Republic – Remake Has “Some Time Left” Until Launch, Embracer Suggests

It was announced earlier today that Saber Interactive will be splitting from parent company Embracer Group in a deal worth $247 million, with a number of studios and projects being divvied up between the two companies. The fate of the ever-troubled project Star Wars: Knights of the Old Republic – Remake was left unknown, though some potential information on it may have emerged since then.

Embracer Group sells off Saber Interactive studios and assets, including games like Space Marine 2 and Knights of the Old Republic remake - techradar.com - Russia
techradar.com
14.03.2024

Embracer Group sells off Saber Interactive studios and assets, including games like Space Marine 2 and Knights of the Old Republic remake

Saber Interactive has parted ways with Embracer Group, buying back the rights to its own work as well as much of its network of studios and contractors. 

Saber Interactive splits from Embracer, taking 3D Realms, Slipgate, Metro devs and more with them - rockpapershotgun.com - Russia
rockpapershotgun.com
14.03.2024

Saber Interactive splits from Embracer, taking 3D Realms, Slipgate, Metro devs and more with them

Saber Interactive have parted ways with Embracer Group, buying back the rights to both themselves and numerous other studios in a deal initially valued at $247 million. The deal includes 38 ongoing game development projects plus the rights to 3D Realms, Slipgate Ironworks, New World Interactive, Nimble Giant, Mad Head, Digic, Fractured Byte and PR agency Sandbox Strategies, as well as Metro developers 4A Games and Pinball FX maker Zen Studios via options.

Embracer sells Saber Interactive for $247m - gamesindustry.biz - Russia
gamesindustry.biz
14.03.2024

Embracer sells Saber Interactive for $247m

Embracer has sold Saber Interactive for $247 million.

Embracer sells Saber as it leaves Russia - pcgamesinsider.biz - Russia
pcgamesinsider.biz
14.03.2024

Embracer sells Saber as it leaves Russia

Troubled European publishing giant Embracer Group has sold Saber Interactive as part of a bid to leave Russia.

Saber Interactive to split from Embracer Group - gematsu.com - Russia
gematsu.com
14.03.2024

Saber Interactive to split from Embracer Group

Embracer Group has entered into an agreement to sell Saber Interactive to Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch, for a purchase price of USD $247 million, the company announced.

Saber Interactive Splits From Embracer, Taking 38 Video Game Projects With It - ign.com - Russia
ign.com
14.03.2024

Saber Interactive Splits From Embracer, Taking 38 Video Game Projects With It

Saber Interactive has split from Embracer, with at least 38 ongoing game development projects among the divested assets and over 3,000 staff moving across. However, a number of key studios remain at Embracer, including Tripwire, Aspyr, and Beamdog.

Saber Interactive Has Left Embracer Group in a Deal Worth $247 Million - gamingbolt.com - Russia
gamingbolt.com
14.03.2024

Saber Interactive Has Left Embracer Group in a Deal Worth $247 Million

Recent reports had indicated that Saber Interactive was on the verge agreeing a deal with parent company Embracer Group that would see it going independent. That has now been officially confirmed.

Embattled publisher Embracer sells off Saber assets, withdraws from Russia - eurogamer.net - Russia - Sweden
eurogamer.net
14.03.2024

Embattled publisher Embracer sells off Saber assets, withdraws from Russia

Troubled video game publisher Embracer has announced the sale of more of its assets — this time, large portions of Saber Interactive, for the price of $247m.

Payday 2 now has almost 85 times as many average players as Payday 3 - videogameschronicle.com
videogameschronicle.com
12.03.2024

Payday 2 now has almost 85 times as many average players as Payday 3

2013’s Payday 2 has almost 85 times as many average players on Steam as 2023’s Payday 3.

Embracer Group to Sell Saber Interactive, Developer of a New ‘Star Wars’ Game Remake, in $500 Million Deal - gadgets.ndtv.com - Usa - Russia - Sweden - Portugal - Saudi Arabia - city Boston
gadgets.ndtv.com
02.03.2024

Embracer Group to Sell Saber Interactive, Developer of a New ‘Star Wars’ Game Remake, in $500 Million Deal

Swedish gaming company Embracer Group AB will sell one of its largest subsidiaries, Saber Interactive, to a group of private investors in a deal worth up to $500 million (roughly Rs. 4,142 crore), according to a person familiar with the transaction.

KOTOR remake and Space Marine 2 developers Saber are tipped to become a private company again - rockpapershotgun.com - Usa - Russia - Portugal
rockpapershotgun.com
29.02.2024

KOTOR remake and Space Marine 2 developers Saber are tipped to become a private company again

Embracer Group are reportedly selling off Saber Interactive, the company behind the Star Wars: Knights Of The Old Republic remake and Warhammer 40,000: Space Marine 2 among many other things. Apparently, Saber are being flogged to a group of private investors for "up to" $500 million.

Star Wars: Knights of the Old Republic Remake Dev Saber Interactive Escapes Embracer in $500 Million Deal - ign.com - Britain - Sweden - Saudi Arabia
ign.com
29.02.2024

Star Wars: Knights of the Old Republic Remake Dev Saber Interactive Escapes Embracer in $500 Million Deal

Star Wars: Knights of the Old Republic remake developer Saber Interactive has reportedly left embattled parent company Embracer in a $500 million deal to become a privately owned company.

Embracer Layoffs Total Nearly 1,400 So Far, 29 Unannounced Games Cancelled | Push Square - pushsquare.com
pushsquare.com
20.02.2024

Embracer Layoffs Total Nearly 1,400 So Far, 29 Unannounced Games Cancelled | Push Square

Embracer Group, the holdings company that spent years scooping up as many gaming properties and development teams as possible, has had to reduce its unsustainable size, cutting jobs, closing studios, and shelving projects. Last summer, the company announced its restructuring plan, and has now confirmed the figures pertaining to layoffs and more, and it's not pretty.

Xbox and Embracer’s mass layoff explanations aren’t good enough - digitaltrends.com - Saudi Arabia
digitaltrends.com
17.02.2024

Xbox and Embracer’s mass layoff explanations aren’t good enough

The wave of layoffs that has happened over the past year in the video game industry is well-documented. Some of the biggest culprits are Embracer Group, which has laid off nearly 1,400 workers across several of its studios since the start of a restructuring program last July, and Microsoft, which laid off 1,900 developers across Xbox, Bethesda, and Activision Blizzard in January. After relative silence around these layoffs, leadership at both companies finally tried to offer more transparently into what happened.

Embracer Group CEO Defends Layoffs Within Company and Industry, Shrugs Off Role In It - gameranx.com
gameranx.com
16.02.2024

Embracer Group CEO Defends Layoffs Within Company and Industry, Shrugs Off Role In It

If you’ve paid attention to gaming news throughout the first six weeks of 2024, you’ll know that one of the biggest ongoing stories is that there have been TONS of layoffs across the industry within those first six weeks. As we reported in January, there have already been over 5500 jobs lost so far, and in all of 2023, there were 10,000. Given other reports about layoffs, downsizing, restructuring, and so on, it will likely hit over 10K in losses before too long. That brings us to The Embracer Group because they are a company that has helped with those layoff numbers, but their CEO defends what they’ve done.

Embracer CEO says layoffs are "something that everyone needs to get through" - gamesindustry.biz
gamesindustry.biz
16.02.2024

Embracer CEO says layoffs are "something that everyone needs to get through"

Embracer CEO Lars Wingefors said that the current reduction in workforce at the company and across the industry is "something that everyone needs to get through," later adding that the group's strategy has been to cut the things that have "the lowest chance of success going forward" and to only keep "the most iconic studios."

Embracer Layoffs Designed to 'Maximize Shareholder Value' - gamerant.com - Sweden
gamerant.com
15.02.2024

Embracer Layoffs Designed to 'Maximize Shareholder Value'

In a recent statement by CEO Lars Wingefors, it was revealed that Embracer Group plans to continue its «restructuring» model of cutbacks in order to prioritize shareholders above all else. Having just announced even more layoffs for Embracer Group, this latest statement by the CEO has left many fans in shock.

Embracer Group Has Laid off Nearly 1,400 People Since June 2023 - gamingbolt.com - Saudi Arabia
gamingbolt.com
15.02.2024

Embracer Group Has Laid off Nearly 1,400 People Since June 2023

There isn’t much of the games industry that hasn’t been impacted to some degree by the wave of layoffs it’s been suffering for more than a year at this point, but very few companies have contributed to that damage as much as Embracer Group has. Embracer announced an internal restructuring program in June last year after it failed to close a $2 billion deal with Saudi Arabia’s Savvy Games group, and since then, across all of its studios, it has laid off a startling number of people.

Embracer confirms it’s now laid off 1,400 employees and says more cuts could be coming - videogameschronicle.com
videogameschronicle.com
15.02.2024

Embracer confirms it’s now laid off 1,400 employees and says more cuts could be coming

Embracer Group’s ongoing restructuring has resulted in the company cutting 1,400 jobs, or about 8% of its global workforce, it confirmed on Thursday.

Embracer cancelled 29 unannounced games between July and December - videogameschronicle.com
videogameschronicle.com
15.02.2024

Embracer cancelled 29 unannounced games between July and December

Embracer Group cancelled 29 unannounced games during a six-month period last year, the company confirmed on Thursday.

Embracer has now laid off 8% of staff - eurogamer.net
eurogamer.net
15.02.2024

Embracer has now laid off 8% of staff

Embracer has laid off 8 percent of its workforce as its restructuring programme reaches «mature stages».

Embracer have laid off 8% of their global workforce since their "restructuring" began - rockpapershotgun.com
rockpapershotgun.com
15.02.2024

Embracer have laid off 8% of their global workforce since their "restructuring" began

Embracer have released their interim financial results for Q3, October-December 2023, in which they share details of the conglomerate's on-going efforts to "restructure" and reduce their massive debts, to the tune of hundreds of layoffs over the past year.

Embracer confirms it’s laid off over 1,300 people since the start of its restructuring program - techradar.com - Sweden
techradar.com
15.02.2024

Embracer confirms it’s laid off over 1,300 people since the start of its restructuring program

Embracer Group, the Swedish video game and media company that owns a huge number of subsidiaries, including Plaion, Saber Interactive, and THQ Nordic, has confirmed that it’s laid off around 8% of its staff since the start of its restructuring program last year.

Embracer Still Has a Few Larger Divestment Processes Coming Up; Third-Party Publishing Will Be More Selective - wccftech.com - state Arizona
wccftech.com
15.02.2024

Embracer Still Has a Few Larger Divestment Processes Coming Up; Third-Party Publishing Will Be More Selective

This morning, the Embracer Group released its Q3 fiscal year 2023/2024 financial report. The company managed to deliver slightly above expectations thanks to non-core game divisions like Asmodee, Middle-earth Enterprises, and mobile, while the PC and console segment was down 9% due to a lighter release schedule.

Embracer laid off around 400 staff in Q3 - pcgamesinsider.biz - Saudi Arabia
pcgamesinsider.biz
15.02.2024

Embracer laid off around 400 staff in Q3

European games firm Embracer Group has cut its workforce by eight per cent since it started a "restructuring" process in 2023.

Marvel’s Guardians of the Galaxy Is Now Free to Grab on EGS - wccftech.com - Japan - county Story
wccftech.com
05.01.2024

Marvel’s Guardians of the Galaxy Is Now Free to Grab on EGS

As revealed by last week's leak, Marvel's Guardians of the Galaxy is the final free game on the Epic Games Store holiday list. Unlike previous freebies, though, users have a full week to redeem the game and permanently add it to their libraries.

Saints Row Is Free to Grab Just Today on the Epic Games Store - wccftech.com - Usa - state Illinois
wccftech.com
30.12.2023

Saints Row Is Free to Grab Just Today on the Epic Games Store

Saints Row is today's free PC game available on the Epic Games Store. This will remain the last game made by Volition since the 30-year-old Illinois-based game developer was closed down earlier this year by owner Embracer Group as part of their restructuring plans.

Embracer extends credit and loan agreements amid ongoing restructure - gamesindustry.biz
gamesindustry.biz
18.12.2023

Embracer extends credit and loan agreements amid ongoing restructure

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Plaion confirms that Free Radical Design has closed - pcgamesinsider.biz - Saudi Arabia
pcgamesinsider.biz
14.12.2023

Plaion confirms that Free Radical Design has closed

Publisher Plaion has confirmed that TimeSplitters studio Free Radical Design has closed its doors.

Disney Insists There’s Still a Lot of Demand for Star Wars Knights of the Old Republic - ign.com
ign.com
12.12.2023

Disney Insists There’s Still a Lot of Demand for Star Wars Knights of the Old Republic

With the future of the Star Wars Knights of the Old Republic remake up in the air, Disney has at least signalled its commitment to the much-loved role-playing game.

Disney gaming boss gives new hope for the Star Wars: Knights of the Old Republic remake - gamesradar.com - city Detroit
gamesradar.com
12.12.2023

Disney gaming boss gives new hope for the Star Wars: Knights of the Old Republic remake

Comments made by Disney's head of gaming, Sean Shoptaw, suggest that the long-awaited Star Wars: Knights of the Old Republic remake is still on the way.

Disney games boss acknowledges 'a lot of demand' for Knights of the Old Republic remake, giving me my first spark of hope for the project in ages - pcgamer.com
pcgamer.com
12.12.2023

Disney games boss acknowledges 'a lot of demand' for Knights of the Old Republic remake, giving me my first spark of hope for the project in ages

Games industry head honchos have all gotten into the same hobby recently: Refusing to say anything about the Star Wars: Knights of the Old Republic remake that got revealed at a PlayStation showcase all the way back in September 2021. It just seems that no one at any of the corporations supposedly involved—Sony, Disney, and Embracer Group—wants to talk about it ever since trouble cropped up at the remake's original developer Aspyr.

TGA 2023 Has More Announcements Than Usual, Says Keighley - wccftech.com - Los Angeles
wccftech.com
06.12.2023

TGA 2023 Has More Announcements Than Usual, Says Keighley

We're on the eve of this year's edition of The Game Awards (TGA 2023), and host Geoff Keighley took some time to share a few details in advance.

Embracer confirms layoffs at Insurgency developer New World Interactive - eurogamer.net - city Sandstorm
eurogamer.net
05.12.2023

Embracer confirms layoffs at Insurgency developer New World Interactive

The latest studio to be affected by Embracer's «comprehensive restructuring programme» is Insurgency and Day of Infamy developer New World Interactive.

Embracer Group will reportedly shutter Free Radical in December - destructoid.com
destructoid.com
29.11.2023

Embracer Group will reportedly shutter Free Radical in December

It’s been a tough ol’ year for people working in the corporate video game world. Publishers and studios have been laying people off at an alarming rate. Embracer Group is just one example, and it’s recently been suggested that the holding company may be closing down Free Radical Design.

Embracer lays off 50 staff at Fishlabs - pcgamesinsider.biz - Germany
pcgamesinsider.biz
29.11.2023

Embracer lays off 50 staff at Fishlabs

German developer Fishlabs is the latest Embracer outfit to experience job cuts.

Embracer could be shutting down TimeSplitters studio Free Radical Design in December, CEO reportedly confirms - techradar.com - Britain
techradar.com
29.11.2023

Embracer could be shutting down TimeSplitters studio Free Radical Design in December, CEO reportedly confirms

Three weeks after it was reported by VGC that Free Radical Design was allegedly being threatened with closure, Embracer Group’s CEO, Lars Wingefors, has reportedly acknowledged this threat within a company email (shared with VGC by anonymous sources). 

Closure of TimeSplitters maker Free Radical reportedly confirmed - pcgamesinsider.biz - Sweden
pcgamesinsider.biz
29.11.2023

Closure of TimeSplitters maker Free Radical reportedly confirmed

Embracer management has now apparently confirmed Free Radical Design's closure to its staff.

Timesplitters Studio Free Radical Design Might be Shut Down Before Christmas, Embracer CEO Acknowledges - wccftech.com
wccftech.com
29.11.2023

Timesplitters Studio Free Radical Design Might be Shut Down Before Christmas, Embracer CEO Acknowledges

Free Radical Design, the second iteration of the Timespliters and Haze studio, might very well be closed before this Christmas.

TimeSplitters Revival Studio is Being Shut Down Before Christmas – Embracer Group CEO - gamingbolt.com
gamingbolt.com
29.11.2023

TimeSplitters Revival Studio is Being Shut Down Before Christmas – Embracer Group CEO

After reports from earlier this month that developer Free Radical Design—which had been working on a revival of classic sci-fi shooter TimeSplitters—was on the verge of being shut down, Embracer CEO Lars Wingefors has seemingly confirmed internally that the studio will be closed before Christmas.

Embracer CEO reportedly confirms TimeSplitters studio facing closure in December - eurogamer.net - Britain
eurogamer.net
29.11.2023

Embracer CEO reportedly confirms TimeSplitters studio facing closure in December

Embracer Group CEO Lars Wingefors has reportedly confirmed to employees that TimeSplitters studio Free Radical is facing closure next month, as part of a sweeping restructuring programme that has already resulted in more than 900 job cuts at the company.

Embracer lay off around 50 people at Chorus and Galaxy on Fire developer Fishlabs - rockpapershotgun.com - Sweden
rockpapershotgun.com
28.11.2023

Embracer lay off around 50 people at Chorus and Galaxy on Fire developer Fishlabs

The Embracer mass layoffs train has come for Fishlabs, the Hamburg-based studio behind space shooter Chorus. Embracer have laid off more than half the Fishlabs team - "around 50 people" - as part of a restructuring operation that has already seen the Swedish conglomerate cut over 900 jobs across their business over the summer.

Embracer CEO confirms TimeSplitters studio faces closure before Christmas - videogameschronicle.com - Britain
videogameschronicle.com
28.11.2023

Embracer CEO confirms TimeSplitters studio faces closure before Christmas

TimeSplitters studio Free Radical Design faces closure before Christmas, Embracer CEO Lars Wingefors has privately acknowledged.

Sources: Embracer lays off 50 at Chorus developer Fishlabs - videogameschronicle.com - Germany
videogameschronicle.com
28.11.2023

Sources: Embracer lays off 50 at Chorus developer Fishlabs

Veteran German game developer Fishlabs is the latest Embracer-owned studio to suffer layoffs, VGC understands.

Marvel Snap publisher's parent company confirms restructuring, stepping away from video games - eurogamer.net - China - Marvel
eurogamer.net
27.11.2023

Marvel Snap publisher's parent company confirms restructuring, stepping away from video games

Chinese internet technology firm ByteDance is restructuring the video games side of its business.

Knights of the Old Republic remake reportedly still being worked on - destructoid.com - county Republic
destructoid.com
23.11.2023

Knights of the Old Republic remake reportedly still being worked on

Back in 2021, a PlayStation showcase announced that Aspyr was developing the often-rumored remake of Star Wars: Knights Of The Old Republic. Sadly, that was pretty much the last positive piece of news we got out of that project — up until now.

Knights of the Old Republic Remake Reportedly Still Being Worked On - comingsoon.net
comingsoon.net
22.11.2023

Knights of the Old Republic Remake Reportedly Still Being Worked On

Last week, rumors began floating around that the remake was effectively dead and no longer being developed. A new report suggests that isn’t true.

Don’t worry, at least two people are reportedly still working on that KOTOR remake - rockpapershotgun.com
rockpapershotgun.com
22.11.2023

Don’t worry, at least two people are reportedly still working on that KOTOR remake

The saga of the Knights of the Old Republic remake is beginning to look increasingly like Star Wars’ own increasingly convoluted expanded universe, as two developers have reportedly now insisted that, yes, they are still working on it - despite recent reports to the contrary.

Star Wars: Knights of the Old Republic Remake Reportedly Still Alive - ign.com
ign.com
22.11.2023

Star Wars: Knights of the Old Republic Remake Reportedly Still Alive

Amid continued silence from embattled games company Embracer about the status of the Star Wars: Knights of the Old Republic remake, developer Saber Interactive is reportedly still soldiering on with the project in some capacity.

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