Embracer Group has published its Annual Report for the financial year 2023/2024. The Swedish video-game and media-holding firm took important steps in its transformation towards a leaner and more focused company and says many of its iconic and well-renowned IPs, such as Lord of the Rings and Tomb Raider, made a successful footprint, reaching millions of gamers and fans across the globe.

"Embracer Group has one of the industry's most exciting IP portfolios with over 900 IPs across all segments. The financial year had a fantastic jump start with two successful releases of the sequels, Dead Island 2 and Remnant II. Further, our iconic IPs Lord of the Rings and Tomb Raider delivered successful new content releases during the year. Several important steps were taken for The Lord of the Rings IP, with the Middle-earth universe expected to become a key driver across our businesses and across media formats in the coming decades."

"Moreover new Tomb Raider stories in streaming and film will allow us to further nurture and grow another unique IP, taking it to new heights. We are excited about the future and have a notable pipeline of sizable new games in the coming two years."

The full Annual Report for the financial year 2023/2024 can be found on the official Embracer Group website.

Embracer Group and Lara Croft