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Gaming mega-publisher Embracer to close studios, cancel games after $2B deal crumbles
(www.polygon.com)
this post was submitted on 13 Jun 2023
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It truly is insane how many subsidiaries and IPs are under their umbrella. And yet nobody really ever hears about Embracer. I'd heard of them once or twice in industry news, but never really knew how many things were under their belt. Truly grew too big for it's own good.
They're the western Tencent, in the sense that when one of their publishers does something the actual ownership rarely gets mentioned because it's not really newsworthy.