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EMBRACER GROUP TO EXPAND ON TRANSFORMATIVE DEALS

The scope of Embracer Group's transformative partnership and licensing deals will be expanded upon on 24 May 2023. Scot Amos, head of studio at Crystal Dynamics, previously stated that Tomb Raider will be transformative following an agreement with Amazon Games to publish the next Lara Croft-helmed video game.

"Crystal Dynamics has an extraordinary opportunity following our acquisition by Embracer to redefine what a publishing relationship is for Tomb Raider," Scot Amos, head of studio at Crystal Dynamics previously stated. "Transformative is what we're looking for, and with Amazon Games, we found a team that shares our creative vision, ambitions, and values for a Lara Croft universe across the spectrum of possibilities. They're uniquely positioned to rewrite what publishing and development collaborations are, and we're eager to forge this new path together, starting with building the biggest and best Tomb Raider game yet!"

Embracer Group are expected to expand on partnership and licensing deals with several industry partners that are considered jointly transformative during the second half of May. Embracer Group previously communicated that "negotiations are progressing according to plan in terms of scope. However, Embracer Group now expects that these deals are not likely to be completed in Q4 FY 2022/23, but instead in Q1 FY 2023/24 (April-June 2023). Additional information will be announced no later than in connection with the interim report Q4 FY 2022/23, which will be released on 24 May 2023."

Embracer Group and Amazon Games have reached an agreement under which Crystal Dynamics will develop a new multiplatform Tomb Raider title, with Amazon Games providing full support and publishing the game globally. The as-yet-untitled new Tomb Raider game is a single-player, narrative-driven adventure that continues Lara Croft's story in the Tomb Raider series.

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