Embracer Group has announced a significant corporate restructuring, splitting into two separate companies. This decision will lead to the creation of a new entity, Fellowship Entertainment, which will take over several major franchises, including Dead Island, Kingdom Come: Deliverance, and Metro.
In a significant shift for the gaming industry, Embracer Group has revealed plans to split into two separate publicly listed companies. This move, aimed at enhancing operational focus and efficiency, will create Fellowship Entertainment and Embracer, as first reported by Gematsu. Each entity will concentrate on distinct areas within the gaming and entertainment landscape, potentially reshaping their strategic direction.
In a bold move that has caught the attention of gamers and industry insiders alike, Embracer Group has announced its intent to pursue new partnerships for some of its most beloved franchises, including Deus Ex, TimeSplitters, and Saints Row. This announcement comes alongside the establishment of Fellowship Entertainment, a newly formed entity specifically tasked with managing licensing opportunities for both major and indie intellectual properties.