Embracer Group to start shutting down studios to save on costs

[Gizmo_Duck]

 

[AStrangeName]

We better appreciate Crystal Dynamics and Eidos, while they're still with us

 

[Gizmo_Duck]

We better appreciate Crystal Dynamics and Eidos, while they're still with us

I feel like Amazon is going to end up acquiring them both.

 

[Dre Space Age]

yikes

 

[Gizmo_Duck]

i’ve never seen a company spiral so fast

 

[Gizmo_Duck]

Embracer says its ‘crazy’ outlay on platform fees exceeds its spend on game development | VGC

It also says a new Epic Games Store exclusivity scheme will help keep Steam on its toes…

www.videogameschronicle.com

Maybe they should have thought about this before they bought 200 studios during a pandemic

These nikkas have no clue what they are doing

 

[Tetris v2.0]

So they bought a bunch of studios and IPs only to not-use them or drive them into the ground entirely. Great...

 

[Gizmo_Duck]

So they bought a bunch of studios and IPs only to not-use them or drive them into the ground entirely. Great...

Its the equivilant to musk buying twitter just to fukk it up because he was bored one day. These dudes were just bragging last year about how they wanted to buy 34 more studios in their investor call

 

[gurf]

This is what we have to look forward to. Groups buying up a bunch of studios but no vision/direction from the top.

 

[Tetris v2.0]

Its the equivilant to musk buying twitter just to fukk it up because he was bored one day. These dudes were just bragging last year about how they wanted to buy 34 more studios in their investor call

I just want Legacy of Kain and Deus Ex back, is that too much to ask?

 

[Gizmo_Duck]

I just want Legacy of Kain and Deus Ex back, is that too much to ask?

I doubt they get there tbh, i will be surprised if the new Tomb Raider gets released under them.

People hate on square enix and how they handled them (which they do deserve some criticism for) but they also put out A LOT of games under SE.

 

[winb83]

So they bought a bunch of studios and IPs only to not-use them or drive them into the ground entirely. Great...

Interest rates were non-existent. Money was cheap so they spent like no tomorrow. We in a different climate now and they gotta get stuff under control. After that deal fell through this was inevitable.

There’s another side to it though. The companies that sold to them didn’t really have to sell. They could have kept operating as they were.

This is what we have to look forward to. Groups buying up a bunch of studios but no vision/direction from the top.

Their vision and direction have jack shyt to do with the economy taking off in a different direction and them getting caught with their pants down. Seemed like they had a vision of acquiring known IPs and putting out remasters and remakes.

 

[ForeverLurking]

I'll take Neon Giant, 4A Games and Flying Wild Hog if they're offering

 

[Gizmo_Duck]

 

[Animal House]

Oh well they had some pretty good studios under their belt but fukk em. Greedy company fukks up hmmm where have I heard of them before???