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EMBRACER GROUP PUBLISHES YEAR IN BRIEF FOR 2023

Embracer Group, owners of 138 internal studios including Gearbox Software, Crystal Dynamics and Eidos Montreal, has published its Annual Report and Year in Brief for the financial year 2022/2023. Highlights include 221 projects under development, of which 164 are unannounced, 3,248 SEK million in completed game development investments and 6,079 SEK million invested in game development.

Last Updated: Jun 21, 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

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

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

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