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Post by Jambowayoh on Apr 2, 2024 15:25:51 GMT
With how they've ruined everything they've owned I don't think anyone with half a brain is going to invest substantially on Embracer.
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Ulythium
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Post by Ulythium on Apr 22, 2024 12:02:40 GMT
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Post by Syrette on Apr 22, 2024 12:05:54 GMT
'Middle-earth Enterprises & Friends'
Milking Lord of the Rings I understand, but the friends bit throws me off. Basically 'LOTR and a few other less important IPs'?
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apollo
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Post by apollo on Apr 22, 2024 12:12:12 GMT
Lord of the rings x Saints row team up everyone is asking for  |
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Post by JuniorFE on Apr 22, 2024 12:16:19 GMT
"Embracer" as a name is becoming more ironic by the day  |
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Post by baihu1983 on Apr 22, 2024 18:24:40 GMT
'Middle-earth Enterprises & Friends' Milking Lord of the Rings I understand, but the friends bit throws me off. Basically 'LOTR and a few other less important IPs'? Sequel to Gollum |
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jp
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Post by jp on Apr 23, 2024 19:57:13 GMT
Have Embracer actually developed any LOTR games other than Gollum?
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Post by Jambowayoh on Apr 23, 2024 19:59:01 GMT
Something tells me that's what Eidos Montreal/Crystal Dynamics will be put to work on.
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Post by Jambowayoh on Apr 23, 2024 20:00:39 GMT
Have Embracer actually developed any LOTR games other than Gollum? It wasn't an Embracer game. It was Nacon published. So no they haven't developed any LOTR games. At all. |
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jp
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Post by jp on Apr 24, 2024 5:43:28 GMT
Mad - it’s been 2 years since they got the rights and they don’t even seem to have a game in development.
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Post by Bill in the rain on Apr 24, 2024 9:09:40 GMT
Is this one of theirs? Weta Studios?
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Post by baihu1983 on Apr 24, 2024 9:11:49 GMT
Private Division/Take2 are publishing that
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Deleted
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Post by Deleted on Apr 24, 2024 11:19:58 GMT
Will the scouring be covered?
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Post by Syrette on Apr 24, 2024 12:17:12 GMT
Mad - it’s been 2 years since they got the rights and they don’t even seem to have a game in development. To be fair (sort of), didn't they a pretty low amount for the rights? |
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Post by Jambowayoh on May 2, 2024 19:03:59 GMT
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Post by baihu1983 on May 2, 2024 19:11:09 GMT
Yeah looks like they are having a big clear out since buying Gearbox.
Got rid of 2 low cost studios who's games reportedly all make profit.
Pretty much everyone at Private Division have been let go.
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Post by Jambowayoh on May 2, 2024 20:57:11 GMT
Gotta pay for those executive and CEO pay rises somehow. They're the real heroes.
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Post by dangerousdave on May 3, 2024 15:12:41 GMT
The Roll7 one is mental. Their games are nothing short of excellent. There’s no way they were a burden to their publishers. I hope all those folk find something else.
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Post by Jambowayoh on May 3, 2024 15:25:40 GMT
The Roll7 one is mental. Their games are nothing short of excellent. There’s no way they were a burden to their publishers. I hope all those folk find something else. Yeah but they're not producing games that players can have daily experiences in with goals that align to maximising growth through regular content drops and skins and colours to make them feel fully invested in the game world that constantly evolves over years and years. |
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Ulythium
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Post by Ulythium on May 23, 2024 13:24:47 GMT
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Post by baihu1983 on May 23, 2024 13:25:33 GMT
Also claim they will release 70 games by the end of March 2025..
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Ulythium
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Post by Ulythium on May 31, 2024 18:12:54 GMT
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Cappy
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Post by Cappy on May 31, 2024 20:09:21 GMT
They should do it. I dare them. Make $170 dollars the new base price point, don't forget the battle passes and day one DLC too.
The sooner this house of cards tumbles, the better. We're long overdue for a market correction and one or two of the 'too big to fail' publishers getting swallowed up would probably be a good thing in the long term, though it's already getting a bit too much like videogame publisher Highlander. In the end there can be only one, I really hope it's not Ubisoft.
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Lizard
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Post by Lizard on May 31, 2024 22:38:18 GMT
Time for Ocean to return, flood the market with $5 licenced anything.
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Post by baihu1983 on Jun 1, 2024 8:02:17 GMT
Meanwhile
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Post by Chopsen on Jun 1, 2024 8:57:35 GMT
Time for Ocean to return, flood the market with $5 licenced anything. Ironically, the fate of Ocean was that it was bought up by someone doing an Embracer back in the day, but in those days internet nerd rage wasn't a thing. Their IP is owned by the French holding company "Atari" I think. Scare quote as wtf even is Atari today, even the Wiki disambiguation page is a nightmare. But yeah, Atari is French now, dontyaknow?
My take on what's up with Embracer:
Post GFC it was *very* cheap to rise money. Due to this historically low cost of borrowing and investors desperately throwing money at equity to get any sort of terms given low interest rates elsewhere, Embracer set it self up as a company to just raise money from investors and borrow on the cheap with the view to buy up everything that moves in the gaming space. The long term business proposition being economies of scale, synergy, and various other words buzzwords.
This cracks on at on increase pace, and maybe they get ahead of themselves. Especially doing COVID when everybody wanted a piece of the action of home gaming.
Then two things happened. Global inflation everywhere, and a hike in interest rates and cost of borrowing. This happened suddenly, and as we all know big budget games have a *long* development time. Embracer suddenly had whole load of people they owed money to and a (longer than they were planning?) lag time to see any revenue from releasing anything, and everybody's running costs went up. Hence after a period of exuberance, they came down with a bump.
This means they needed to cut costs, hence the closures and redundancies. They have also gone for a *massive* issuance of new shares to raise capital from equity, when I looked at some recent financial reports they release. That isn't something the existing shareholders would have agreed to lightly, as it would have diluted their holding and reduced the value of their investment. I reckon there trouble at t'mill.
tl; dr - financial hubris
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Post by Jambowayoh on Jun 1, 2024 9:07:48 GMT
Well yeah there's that which has caused a lot of studio redundancies but you know there's also the 2 billion dollar Saudi investment that was pulled so they were spending money they didn't even have. That was probably the biggest reason.
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Ulythium
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Post by Ulythium on Jun 17, 2024 12:29:47 GMT
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apollo
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Post by apollo on Jun 17, 2024 16:09:53 GMT
shame about another victim of the embracer shit management and decent people losing their jobs at the studio. Also not many survival horror type games, it was a chance to rebuild the AitD series but no doubt it will kill the IP for another 10 or so years now
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Cappy
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Post by Cappy on Jun 18, 2024 13:31:42 GMT
Embracer are a convenient villain, the team that created the latest Alone in the Dark reboot are obviously facing the consequences but you can't put it all on Embracer. The people heading the Alone in the Dark project should have spent a lot less money, they added a lot of unnecessary things that increased the budget.
If they'd kept in mind that Alone in the Dark is a somewhat damaged brand and made something that was profitable at 250,000 to 500,000 copies Worldwide they'd have protected their team. Horror games, just like their cinematic counterparts and inspirations mostly work best as middle and lower budget affairs.
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