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gamedeveloper.com › business

Embracer to spin off major video game franchises and studios

… Chris Kerr , Senior Editor, News , GameDeveloper.com May 20, 2026 2 Min Read Image via Embracer Group Embracer Group will separate into two publicly listed companies by spinning off Fellowship Entertainment on Nasdaq Stockholm in 2027. …

May 20, 2026 · Chris Kerr

gamedeveloper.com › business

Report: Embracer shutting down Free Radical Design by Xmas

… The studio, best known for the TimeSplitters franchise, was under evaluation by parent company Embracer to see if it warranted closure. Sources speaking to the outlet allege that Embracer CEO Lars Wingfors privately confirmed Free Radical's closure in a company-wide email. …

Nov 28, 2023 · Justin Carter