Embracer Group, the Swedish gaming behemoth that employs thousands of people around the world, has announced that it plans to launch 76 more games in the semi-near future. The company also confirmed that it's getting a new name--going forward, Embracer Group will be called Fellowship Entertainment.
As part of the company's latest earnings briefing, it said these 76 games will be a mix of new IP, sequels, and remasters. Some of them include Metal Eden, the Gothic remake, Reanimal, Wreckreation, the next SpongeBob game, Norse: Oath of Blood, Killing Floor 3, and the recently delayed Marvel 1943: Ryse of Hydra.
For Ryse of Hydra specifically, Embracer said this game is likely to bring in a lot of revenue but won't be as profitable due to "shared economics with several other partners" as a high-profile licensed game.
All of these games are due to release in the fiscal year 2025/2026, which runs April 1, 2025 through March 31, 2026.
Embracer went on to say that it has two AAA games set for release by the end of March 2026, and these include Killing Floor 3 and Rise of Hydra. The company had planned for a third AAA game to launch during that timeframe, but the company said today that it needs "a few more quarters to polish" and is now coming in the FY 2026/2027 timeframe (April 1, 2026-March 31, 2027).
What this game is remains a mystery, but the company said it's expected to have "financial dynamics" similar to Kingdom Come: Deliverance 2, a game that was a huge hit and has sold more than 3 million copies so far.
Looking further out, the company said it has nine more AAA games coming in FY 2026/2027 and FY 2027/2028, and this excludes titles financed by partners. Embracer said there is a chance that "one or a couple" of the games shift to FY 2028-2029, but in general, the company said it feels more confident these days that it can release more AAA games at a rate of more than one per year.
Going forward, Embracer Group will be known as Fellowship Entertainment, which itself replaces the previous working name Middle Earth & Friends. The company's management has denied that getting ride of the Embracer name has anything to do with backlash against the company over its mass layoffs, canceled games, and taking $1 billion from the Saudi government.
"We're really proud of everything we've built as part of Embracer, and grateful for the support and trust we've received over the years. Now, as we take the step to become a separately listed company, it feels both exciting and, honestly, a little bit scary--but in a good way," Embracer said of its name change.
Fellowship Entertainment will have about 6,000 employees spread throughout 30 countries, and the division will handle the commercial rights to The Lord of the Rings and The Hobbit, along with Kingdom Come Deliverance, Metro, Dead Island, Killing Floor, Darksiders, Tomb Raider, and Remnant, among numerous other franchises.
Some of the companies owned by Fellowship Entertainment include 4A Games, Aspyr Media, CrazyLabs, Crystal Dynamics, Dambuster Studios, Dark Horse, Deca Games, Eidos-Montréal, Flying Wild Hog, Gunfire Games, Limited Run Games, Middle-earth Enterprises, Milestone, PLAION, Tarsier Studios, THQ Nordic, Tripwire Interactive, Vertigo Games, and Warhorse Studios, along with 40+ others.
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As part of the company's latest earnings briefing, it said these 76 games will be a mix of new IP, sequels, and remasters. Some of them include Metal Eden, the Gothic remake, Reanimal, Wreckreation, the next SpongeBob game, Norse: Oath of Blood, Killing Floor 3, and the recently delayed Marvel 1943: Ryse of Hydra.
For Ryse of Hydra specifically, Embracer said this game is likely to bring in a lot of revenue but won't be as profitable due to "shared economics with several other partners" as a high-profile licensed game.
All of these games are due to release in the fiscal year 2025/2026, which runs April 1, 2025 through March 31, 2026.
A big AAA game delay
Embracer went on to say that it has two AAA games set for release by the end of March 2026, and these include Killing Floor 3 and Rise of Hydra. The company had planned for a third AAA game to launch during that timeframe, but the company said today that it needs "a few more quarters to polish" and is now coming in the FY 2026/2027 timeframe (April 1, 2026-March 31, 2027).
What this game is remains a mystery, but the company said it's expected to have "financial dynamics" similar to Kingdom Come: Deliverance 2, a game that was a huge hit and has sold more than 3 million copies so far.
Looking further out, the company said it has nine more AAA games coming in FY 2026/2027 and FY 2027/2028, and this excludes titles financed by partners. Embracer said there is a chance that "one or a couple" of the games shift to FY 2028-2029, but in general, the company said it feels more confident these days that it can release more AAA games at a rate of more than one per year.
A name change and other updates
Going forward, Embracer Group will be known as Fellowship Entertainment, which itself replaces the previous working name Middle Earth & Friends. The company's management has denied that getting ride of the Embracer name has anything to do with backlash against the company over its mass layoffs, canceled games, and taking $1 billion from the Saudi government.
"We're really proud of everything we've built as part of Embracer, and grateful for the support and trust we've received over the years. Now, as we take the step to become a separately listed company, it feels both exciting and, honestly, a little bit scary--but in a good way," Embracer said of its name change.
Fellowship Entertainment will have about 6,000 employees spread throughout 30 countries, and the division will handle the commercial rights to The Lord of the Rings and The Hobbit, along with Kingdom Come Deliverance, Metro, Dead Island, Killing Floor, Darksiders, Tomb Raider, and Remnant, among numerous other franchises.
Some of the companies owned by Fellowship Entertainment include 4A Games, Aspyr Media, CrazyLabs, Crystal Dynamics, Dambuster Studios, Dark Horse, Deca Games, Eidos-Montréal, Flying Wild Hog, Gunfire Games, Limited Run Games, Middle-earth Enterprises, Milestone, PLAION, Tarsier Studios, THQ Nordic, Tripwire Interactive, Vertigo Games, and Warhorse Studios, along with 40+ others.
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