Embracer Will Spin-Off 'Fellowship Entertainment' Into Its Own Company
Embracer has announced plans to spin-off Fellowship Entertainment into its own company by 2027. Founder Lars Wingefors believes this move will enhance management focus and maximize the potential of their intellectual properties. The new company will oversee several popular game franchises and explore partnerships for dormant series.
- ▪Embracer intends to spin-off Fellowship Entertainment into its own company in 2027.
- ▪The spin-off aims to increase management focus and capitalize on the potential of various intellectual properties.
- ▪Fellowship Entertainment will manage franchises like The Lord of the Rings, Tomb Raider, and Dead Island.
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NewsIndustryBusinessEmbracer Embracer Will Spin-Off 'Fellowship Entertainment' Into Its Own Company "this approach represents the most effective long-term solution" by Ollie Reynolds4 mins ago Share: Image: Amazon Game StudiosEmbracer has announced its intention to spin-off Fellowship Entertainment into its own company in 2027. In the press release, founder Lars Wingefors states that the approach "represents the most effective long-term solution" for Embracer, with the intention being to "increase management focus" by being an IP-led entertainment company first and foremost. In terms of game series, the company will be responsible for The Lord of the Rings/Middle-earth, Tomb Raider, Kingdom Come: Deliverance, Dead Island, Darksiders, Remnant and Metro.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Nintendo Life.