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EMBRACER GROUP ANNOUNCES RESTRUCTURING PROGRAM

Embracer Group has announced a comprehensive restructuring program with immediate implementation. As part of the restructuring program, Phil Rogers has been appointed interim Chief Strategy Officer and will remain CEO of the operative group Crystal Dynamics Eidos and Matthew Karch has been appointed interim Chief Operating Officer.

Last Updated: Jun 13, 2023

RESTRUCTURING PLANS NO IMPACT ON TOMB RAIDER

Tomb Raider developer Crystal Dynamics has taken to Twitter to reassure fans following restructuring plans announced by parent company Embracer Group this morning including the closure of some studios and the cancellation of projects that have not yet been announced.

Last Updated: Jun 13, 2023

SUMMER GAME FEST 2023 TO BROADCAST ON 8TH JUNE

Amazon Games, Netflix and Epic Games are all scheduled to participate in Summer Game Fest 2023 on 8th of June at 8PM BST, 3PM ET. All three companies are currently involved with Tomb Raider projects, however no information on what will be showcased has been revealed. Summer Game Fest 2023 will be hosted by Geoff Keighley and will stream live on YouTube.

Last Updated: Jun 7, 2023

STUDIO SAYS TOMB RAIDER DEVELOPMENT CONTINUES

Tomb Raider developer Crystal Dynamics has confirmed business continues as usual following yesterday's announcement from parent company Embracer Group that a two billion dollar deal for a transformative partnership had fallen through. Embracer Group saw their share price tumble as a result

Last Updated: May 25, 2023

EMBRACER GROUP INTERIM Q4 AND FULL YEAR REPORT

Embracer Group has published the interim report for Q4, the period January - March 2023 and full year report, the period April 2022 - March 2023. Embracer Group own 135 internal game development studios including Gearbox Software, Crystal Dynamics and Eidos-Montreal. The Group has an extensive catalog of over 850 owned or controlled franchises including Borderlands and Tomb Raider.

Last Updated: May 24, 2023

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