Embracer Group: What is the Company That Now Owns Tomb Raider?
We’ve distilled Embracer Group’s thirty-year history into a digestible chronology, explaining how the company came to be and cataloging its growing list of notable development studios and game franchises.
They are now BIGGER than Xbox and PlayStation?! – Embracer Group BUYS MORE STUDIOS!!
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Embracer Group has embarked on an acquisition spree today that includes Limited Run Games, Tripwire Interactive, and the IP rights to Lord of the Rings and The Hobbit. There are five acquisitions in total today, alongside a sixth undisclosed deal for a company in the PC and console gaming space.
The Lord of the Rings and Hobbit rights mean Embracer now has control over movies, video games, board games, merchandising, stage productions, and even theme-park rights for the Tolkien fantasy franchises. This includes Amazon’s very big and expensive take on Lord of the Rings that will debut on Prime Video on September 2nd. Embracer notes that it could even explore “additional movies based on iconic characters such as Gandalf, Aragorn, Gollum, Galadriel, Eowyn and other characters from the literary works of J.R.R. Tolkien.”
Embracer is a huge publishing group that recently acquired big names like Tomb Raider, Deus Ex, and Thief, and already operates more than 100 studios including Borderlands developer Gearbox, Saber Interactive, and THQ Nordic.
Tomb Raider 2022 News: Embracer Group talks Sequels, Remakes, Spin Offs, And Remasters!
Embracer Group reported its financials for its fourth quarter and full FY 21/22 and ADVISED us that we should expect remakes, remasters, spin-offs and more following the recent Crystal Dynamics, Eidos Montreal and Square Enix Montreal acquisitions.
Who are the EMBRACER group – And why are they buying up video game studios?
The Embracer Group is a company based in Sweden buying up LOADS of video game and media studios, franchises and more! Who are they? How can they afford it and what’s their plan?
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The Real Reason Square Enix Just Sold Off Tomb Raider…
Early this morning an announcement was made that several Square Enix studios in the West would be sold to Embracer Group along with intellectual properties like Tomb Raider. I think something more is happening here though.
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