The boss of the newly independent Saber Interactive, Matthew Karch has questioned the business logic of charing $70 for a new release.
The boss of the newly independent Saber Interactive, Matthew Karch has questioned the business logic of charing $70 for a new release.
Following the collapse of a «verbal agreement» reportedly worth $2 billion with the Saudi-funded Savvy Games, Embracer Group entered into a brutal nine-month restructuring programme that resulted in the loss of some 1,400 employees and the cancellation of dozens of unannounced games. CEO Lars Wingefors, whose actions were recently defended by Saber Interactive CEO Matthew Karch («give Lars a break»), in a new interview, says: «As a leader and an owner, sometimes you need to take the blame.»
Sign up for the GI Daily here to get the biggest news straight to your inbox
Ascendant Studios, who made last year’s Immortals of Aveum, seem to be in a dire state.
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.
Sign up for the GI Daily here to get the biggest news straight to your inbox
CEO of Saber Interactive, Matthew Karch, has said in an interview with IGN that he believes that games that cost $70 will eventually start disappearing. Karch spoke about various aspects of development, saying that studios and publishers will eventually start looking at ways to reduce costs for AAA projects.
Saber Interactive CEO Matthew Karch has defended Embracer's acquisition strategy, following its split from the Swedish conglomerate.
Saber Interactive CEO Matthew Karch believes the ‘$70 game’ will eventually become a thing of the past, as developers move to reduce costs and risk in an increasingly challenging AAA games market.
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 has confirmed they are still working on the next Painkiller game, but with one big change.
In the aftermath of Saber’s separation due to Embracer’s recent struggles, it might be easy to expect someone like Saber Interactive CEO (and owner, via holding company Beacon Interactive) Matthew Karch to be a bit gleeful, or even spiteful. But he’s not.
The upcoming remake of may still be in development but a recent report suggests it may launch on more consoles than previously expected. Following the announcement that Bioware's classic RPG set in a galaxy far, far away would be remade for modern audiences, the community was disappointed to learn that it would be released as a PlayStation 5 console exclusive and would later make the jump to PC. Despite this initially disheartening news, Xbox Series X|S owners may not need to fear any longer.
They say that no news is good news, but in the case of the carbonite-encased Knights of the Old Republic remake, apparently languishing in development hell, we'll take whatever scraps we can get. Now an independent entity free from the imploding Embracer Group, developer Saber Interactive's CEO, Matthew Karch, has acknowledged the project, albeit briefly.
You'd struggle to find a game right now more up in the air than the Star Wars: Knights of the Old Republic remake that was first announced back in 2021, a project that has swapped developers multiple times since then and very few official updates on whether it will actually release at all. With all that uncertainty, fans no longer have confidence that it will even be a good game if it sees the light of day, and PlayStation maker Sony is apparently of the same mind.
Saber Interactive founder Matthew Karch has launched a defence of his former employer Embracer Group and its CEO, Lars Wingefors.
Saber Interactive has provided a new update on the state of its Star Wars: Knights of the Old Republic Remake, confirming that it's «alive and well.»
Swedish games giant Embracer Group has officially confirmed that its failed $2 billion deal was with Savvy Games Group.
One of the big stories of the past year has been the collapse of Embracer Group, as the failure to secure a major $2 billion investment resulted in the company cutting loose several major studios, either by selling or shuttering them, and laying off 1,400 employees. One of the studios Embracer let go of was Saber Interactive, which was sold to new company Beacon Interactive for a relatively meager $247 million (Embracer originally paid $525 million for them). You’d think the head of Saber might be bitter about this, but instead the company’s founder Matthew Karch is still singing Embracer’s praises in a new GamesIndustry.biz interview.
Knights of the Old Republic Remake is still «alive and well», said Saber Interactive boss Matthew Karch, despite the company's split from Embracer.
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".
While some fans may be concerned about the remake, developer Saber Interactive has promised that the project is progressing smoothly. Following the surprise announcement that one of Bioware's most beloved RPGs was receiving a ground-up reimagining for modern hardware, the fandom struggled to contain its excitement. Despite a teaser trailer dropping in 2021, the studio has yet to share an official update on the game in nearly three years, leading to speculation that it had been canceled due to tumult behind the scenes.
After years of uncertainty, Saber Interactive's Star Wars Knights of the Old Republic remake is "alive and well," according to the company's CEO.
The CEO of Saber Interactive has confirmed that its remake of Star Wars: Knights of the Old Republic is still in active development.
Saber Interactive has confirmed that they are still working on the remake of Knights of the Old Republic.
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.
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.
Star Wars: Knights of the Old Republic, the highly anticipated remake of the massively popular 2003 action RPG, is finally receiving some positive news. The update, which comes straight from the mouth of the long-gestating title's current developer studio CEO, is a breath of fresh air for Star Wars: Knights of the Old Republic fans after a series of seemingly dismal developments.
The fate of Star Wars: Knights of the Old Republic – Remake has been in doubt for a long time. First announced in 2021, it was reported just a few months later that the game’s development had been paused indefinitely, with Saber Interactive allegedly taking over production. What followed was persistent radio silence from all parties involved, and though there were some claims that the remake had been cancelled entirely, it was reported last November that Saber was still working on it.
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."
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.
Troubled gaming conglomerate Embracer announced Thursday that it has agreed to sell Gearbox Entertainment, the studio behind the Borderlands games, to Grand Theft Auto publisher Take-Two for $460 million.
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.
Sign up for the GI Daily here to get the biggest news straight to your inbox
Embracer Group has announced the $247 million sale of Saber Interactive to Beacon Interactive, a new parent company that is owned by Saber co-founder Matthew Karch.
Saber Interactive chief operating officer Tim Willits has taken to social media to confirm a «number of titles» remain in development at the publisher — including Warhammer 40,000: Space Marine 2 — following today's Embracer Group sale.
Saber Interactive is officially splitting from Embracer Group, bringing a few more studios formerly owned by the Swedish company with it as well.
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.
Embracer has officially sold Saber Interactive, to the tune of $ 247 million.
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 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 Group has sold off some assets of Saber Interactive, the developer of the long-awaited Star Wars: Knights of the Old Republic remake, for $247 million. A couple of years ago, Embracer Group seemed poised to become a major player in the video games space as it acquired multiple key studios like Eidos Montreal, Crystal Dynamics, and Limited Run Games, reaching an incredible 110 game development companies by April 2022 with plans to buy more. One of the companies acquired by Embracer was Saber Interactive in 2020, which became one of the conglomerate’s 12 major divisions thanks to its numerous subsidiaries.
Embracer has sold Saber Interactive for $247 million.
Troubled European publishing giant Embracer Group has sold Saber Interactive as part of a bid to leave Russia.
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 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.
Embracer Group has announced the $247 million sale of Saber Interactive to Beacon Interactive, a new parent company that is owned by Saber co-founder Matthew Karch.
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.
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.
Former Embracer Group chief operating officer Egil Strunke announced on LinkedIn today that he has formally resigned as the company's chief operating officer—essentially, Embracer's number-two guy—and that he's now launching an all-new game company of his own.
The chief operating officer of Embracer Group, Egil Strunke, has left the company.
Embracer Group’s chief operating officer has confirmed his departure from the company.
Sony seems to be erasing tweets about the Star Wars: Knights of the Old Republic Remake.
A new Lord of the Rings game, Tales of the Shire, has been announced for PC and consoles.
Following a botched $2 billion deal, Swedish gaming conglomerate Embracer Group has been offloading studios — like Saints Row developer Volition — in an effort restructure the company. Its next target? Borderlands developer and publisher Gearbox Entertainment, Reuters reported on Monday.
What about learning something new reading the latest gardening Tips & Guides on Matthew Karch knowing a lot of different lifehacks? If you enter this gametalkz.com once, you will stay with us forever! Stop wasting your time looking for something else, because here we have already gathered a lot of useful information and Matthew Karch is going to share it with you! Do not miss the chance to check out our daily updates! Stay tuned and enjoy applying all DIY hacks in your life.