Embracer |OT|

[BananaKing]

Who is the buyer? Could be Song, could be a MS, could be Savvy Games. Maybe Amazon?

I'm gonna guess Savvy Games

[Legend]

Borderlands movie is coming out soon. Wonder how that factors into this.

[the-pi-guy]

Embracer to split into 3 companies

Asmodee,a global leading tabletop games publisher and distributor with an extensive studio network and IP catalogue.
Net Sales of SEK 14.8 billion and Adjusted EBIT of SEK 1.9 billion on a pro forma basis as per LTM[2] December 2023


"Coffee Stain & Friends", a diverse gaming entity with a dual focus on indie and A/AA premium and free-to-play games for PC/console and mobile, with a high degree of recurring revenues.
Net Sales of SEK 10.9 billion, Adjusted EBIT of SEK 2.8 billion on a pro forma basis as per LTM December 2023.

"Middle-earth Enterprises & Friends", a creative powerhouse in AAA game development and publishing for PC and console, as well as the stewards of The Lord of the Rings and Tomb Raider intellectual properties, among many others.
Net Sales SEK of 14.1 billion, Adjusted EBIT SEK 2.0 billion on a pro forma basis as per LTM December 2023.

[Legend]

What a failure of a company. Go from FU money to this in just a few years.

The split doesn't sound too bad, hopefully things start improving for them.