GamesIndustry1h
Embracer divests Easybrain to Miniclip in $1.2bn deal
Embracer has entered a SEK 12.9 billion ($1.2 billion) agreement to divest mobile developer Easybrain to digital ...
‘Lord Of The Rings’ Owner Embracer Sees Entertainment Sales Fall 10% In “Slow” Quarter
Embracer Group, which owns the 'Lord of the Rings' franchise, has posted second quarter entertainment revenues down 10%.
‘Lord of the Rings’ Owner Embracer Reports 10% Drop in Entertainment Sales, Blames Tolkien IP for ‘Lower Activity’
Lord of the Rings’ owner Embracer has reported 10% drop in their entertainment sales division, which they put down to 'lower ...
Smaller game titles stretched by delays in crowded market, Embracer CEO says
Game development delays and extended production timelines are straining video game companies, the CEO of Embracer said on ...
gematsu4h
Embracer Group to divest Easybrain to Miniclip for $1.2 billion
Embracere Group has entereted in an agreement to divest operative group Easybrain, which it acquired in 2021, to Miniclip for a consideration of $1.2 billion USD, the company announced. The ...
Xbox faces hundreds of striking employees as union at Bethesda parent ZeniMax stages a walkout to "tell Microsoft to stop dragging their feet"
Hundreds of members of ZeniMax Workers United, the Communication Workers of America union formed at Bethesda's parent company ...
Fresh from a layoff bloodbath that cost over 2,500 jobs, Microsoft is already thinking about dropping the big bucks on more acquisitions
If you were an international megacorp that had just emerged into the light, dripping from head to toe in gore after a wave of ...
Microsoft’s Gaming Chief Is Still Open to Acquisitions After Activision Deal
We definitely want to be in the market, and when we can find teams and technology and capability that add to what we’re ...
alltechnerd1d
GTA producer says AI won’t help the gaming industry
Take-Two Interactive’s CEO, Strauss Zelnick, has shared a different perspective on the role of artificial intelligence (AI) ...
Why Private Division’s Mystery Buyer Probably Isn’t a Gaming Giant
As much as Tencent and other gaming leaders scoop up studios, the Take-Two Interactive publisher is likely filling a specific niche ...
Game Rant5d
Exoborne Developer Hit With Layoffs
Widespread acquisitions by major parent companies like Microsoft, Sony, Embracer Group, and Tencent followed a pandemic-era gaming boom. The failure of market trends to support this rapid expansion ...