Some potentially good (?) game industry news here, is that Embracer Group and Saber Interactive have split off with a purchase from Beacon Interactive, a company controlled by Saber Interactive co-founder Matthew Karch.
Announced in a press release today from Embracer in a $247 million USD deal it will see Saber Interactive go their own way taking the likes of Nimble Giant, 3D Realms, Slipgate, New World Interactive, Fractured Byte, DIGIC, Saber Interactive Inc., Sandbox Strategies and Mad Head Games with them.
Embracer will retain 34 Big Things, Shiver, 4A Games, Aspyr, Snapshot, Beamdog, Tuxedo Labs, Demiurge, Tripwire and Zen Studios. However, Saber Interactive do have the option to acquire 4A Games and Zen Studios "for a fixed price within a certain time period", but even if they do Embracer will continue to have the "Long-term license and publishing rights to all current and future PC/console games in the Metro franchise". According to Jason Schreier of Bloomberg, Saber confirmed in an email to staff they saw that Saber has already decided to take 4A Games and Zen Studios which actually brings the price to around $500 million USD.
On top of that Embracer said will also continue to retain various projects listed below, including two joint projects:
- The next AAA game from 4A Games.
- An unannounced concept phase AAA game.
- A previously announced AAA game based on a major license.
- A new AAA multiplayer shooter based on a controlled IP.
- A new AA game based on an Asmodee IP.
- A new AA game from 34 Big Things based on an owned IP.
- Killing Floor 3.
- Teardown (ongoing development).
- The full upcoming pipeline and back catalog from Zen Studios, Aspyr and Tripwire.
Quoting: F.UltraSo let me get this straight, Embracer themselves and all media is lying for some unknown nefarious reason?Like that is something new to them…
Lying? Yes, absolutely. "Nefarious"? Not at all! Just protecting Public Image by trying to mask their nearly catastrophic financial state. You know, Shareholders won't be pleased if PLAION's stock market value plummets.
Quoting: F.UltraAlso not entirely sure why you are conflating layoffs with finding buyers for valuable assets that you suddenly have to sell off? Remeber that Saber was a founding member of Embracer so this is not something that they really wanted to do.They need cash. Embracer has purchased a lot of dead gamedev studios in order to make an impression of a really big company. They are broke. Most of the dead weight they've got can not be re-sold in a timely manner. These studios are the only ones Embracer could find a buyer for.
Quoting: Alm888Quoting: F.UltraSo let me get this straight, Embracer themselves and all media is lying for some unknown nefarious reason?Like that is something new to them…
Lying? Yes, absolutely. "Nefarious"? Not at all! Just protecting Public Image by trying to mask their nearly catastrophic financial state. You know, Shareholders won't be pleased if PLAION's stock market value plummets.
Quoting: F.UltraAlso not entirely sure why you are conflating layoffs with finding buyers for valuable assets that you suddenly have to sell off? Remeber that Saber was a founding member of Embracer so this is not something that they really wanted to do.They need cash. Embracer has purchased a lot of dead gamedev studios in order to make an impression of a really big company. They are broke. Most of the dead weight they've got can not be re-sold in a timely manner. These studios are the only ones Embracer could find a buyer for.
So Embracer being in need of cash decides to (instead of making a normal announcement about it like they have done the entire time during their restructuring) go in conspiracy with the entire media landscape of Sweden including the public broadcast company that did the discovery of their Russian properties and the fact that the CEO of Embracer leases out property to the Swedish defence industry?
I think that you should stop seeing conspiracies everywhere and just accept the fact that a company that brought a studio that have resources in Russia indeed have resources in Russia. I mean is is as simply as it can get and yet you believe that there is a huge conspiracy here involving hundreds of journalists...
edit: sorry about a very late edit, but there are some important details about Crystal vs the rest that has been missing this entire time and that really changes this.
The Dark Crystal Games case is also very different in that they came to Embracer via the aquision of EIDOS and was/is an entity that Embracer controls in full.
The russian assets that came in via Saber however is different, from the pressrelease when Embracer aquired Saber it is made clear that Saber was to remain as an independent entity inside Embracer with full autonomy. This means that Embracer could not get rid of those assets themselves, they had to ask Saber to do it, and for reasons that we don't know, Saber said no. So the only way forward for Embracer was to sell of Saber, there simply was no other possible way.
Last edited by F.Ultra on 20 March 2024 at 10:50 am UTC
Quoting: GuestI am not privy to internal Swedish politics to tell you exactly.
So in other words you are just shitposting. Well that tells me everything I need to know and that will be the end of my engagement here since there are no reason to argue with bad faith trolls.
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