110°

Embracer open to divesting studios, confirms more closures are likely

"On the divestment side there is a strong vibrant market with many, many active players."

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gamedeveloper.com
ApocalypseShadow261d ago

Sounds like you purchased them more like they were limited edition coins or stamps to profit from with a sale than really doing anything with the acquisitions.

Now, it's looking for buyers and shoving the rest out into the unemployment line.

Barlos259d ago

Sure Tencent will be waiting in the wings to snap up a few bargains.

Sashamaz258d ago (Edited 258d ago )

At least Tencent gets things done, though I can see Microsoft already eying up a few studios if not all of them. I hope this is not the death of Deus Ex, I need more.

StarkR3ality259d ago

Genuinely don't think there's been a bigger fuck up of a company I can think of in gaming. Buy all these IP and studios and then close them all down, wtf.

0hMyGandhi259d ago

I know, right? who do they think they are, EA?

Tapani259d ago (Edited 259d ago )

Embracer really did not know how to manage these companies. This is what happens with too fast expansion in business.

The laws are simple, make profit margin of 10-15% from the get go from each of your companies/studios, or you have to fire people and projects will be delayed or cancelled. Their salary and other operational costs were too high. I can't believe they didn't crunch the numbers well enough. I was always thinking where does the money come from.

Many workers who have families may lose their source of income and it has a real effect on them because some megalomaniac pretend executive didn't do their job. The good news is that most of the talent will likely find a new home very easily. The bad news is that lot of the good work they put in may be lost forever.

YourMommySpoils259d ago

They are pulling off a Microsoft and destroying companies.

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60°

Blumhouse Gets It: Horror Works Best When Devs Play With Cinematography

The Nerd Stash: “With an exciting spate of six eclectic horror games, Blumhouse is set to knock it out the park with plenty of perspective-shifting terror.”

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thenerdstash.com
cthulhucultist10h ago

By far the best announcement in SGF! Although I am biased as horror genre is my favorite.

I am inclined to agree with the article.Lots of cinematic heavy of atmosphere looking games

470°

Xbox Games Showcase Followed by Call of Duty: Black Ops 6 Direct

Xbox writes: "Join us for a double feature on June 9, 10am PT - Xbox Games Showcase immediately followed by Call of Duty: Black Ops 6 Direct.  The Xbox Games Showcase is your look at the new games from Xbox Game Studios, Activision, Blizzard, Bethesda, as well as our partners from around the globe. Immediately following the Showcase, stay tuned for Call of Duty: Black Ops 6 Direct for a special deep-dive into the beloved franchise."

ravens5214h ago

I'm here. Waiting in anticipation to see some games 🤙🏽

GamerRN13h ago(Edited 13h ago)

I'll be honest, if they don't announce some major shit, this could be the nail in the coffin.

If I hear about major 1st party titles going multiplatform, it's over.

They need to build the brand trust right now. A lot of damage has been done.

We need bangers, AND some news about next Gen.

Flawlessmic13h ago

It's just started 4 games in and it's already been a fantastic show.

This is gonna be the best showcase in years

VersusDMC13h ago

New Doom dark ages anounced for PS5 as well...

GamerRN13h ago

So far this is a great show, and mostly all GamePass games? Looks like the bangers are finally coming!

Investments finally paying off.

Now they need new hardware so they can start over

Sonic188113h ago(Edited 13h ago)

So far the best showcase this year

Flawlessmic13h ago

At this rate, best show of the last 2-4 years, been an absolute bangerrrrr so far!!!

Pixykont13h ago

Perfect dark looks incredible

shinoff218310h ago(Edited 10h ago)

Agreed. Way better then what Sony did and has done. Those multiplayer games really fked Sony over for a few years. Xbox showed off some good looking stuff. I'm most interested in state of decay 3.

1Victor7h ago

@obcured:”BEST XBOX SHOWCASE EVER!!!!”
You need at least 10real people to agree in writing with you for anyone here believing you after saying the same thing year over year for the last 10+ years.
Now that I finished watching the show for me personally it was a ok as I don’t play FP games but that’s just me and I can recognize that for people that like FPG it’s a amazing show so ENJOY them.
Another thing and I hope for Microsoft sake they don’t do their next system digital only based on the S sales over the X, I hope they’ll learn the lesson of not making a lower power version just to try to undercut their competitor.
Metal gear 3 looked sweet.
Overall a lot of pretty games CONGRATS to all Xbox gamers this is what you deserve year over year 👍✨

+ Show (2) more repliesLast reply 7h ago
lelo2play11h ago

Great showcase by Microsoft. So many interesting games...

Lightning7714h ago

Very certain Perfect Dark will show up. fable showing up and 2025 release date.

Unpopular opinion here but INL think Final Fantasy 16 will release on Xbox. I dunno if it'll be on Gamepass but I think it's going to other platforms now.

13h agoReplies(1)
Obscure_Observer13h ago

HERE WE GOOO!!!

Time to see what amazing games Xbox Game Studios has been cooking for us, boys!!!

THE HYPE IS REAL!!!

Sonic188112h ago(Edited 11h ago)

I'm glad Microsoft had a great show. Hopefully this show potentially wakes up Sony and Nintendo. Competition is good for the industry. We don't need publishers and developers to get comfortable and get lazy on us. Keep them thinking and on their toes

cthulhucultist11h ago

well said Sonic. Competition is beneficial for us gamers

Master-Tonberry10h ago

Absolutely agree, many of the games shown are also coming to PS5 (despite MS hiding other platforms from the reveals) but the genuine exclusive all look great. Nintendo will obviously continue to carve it's own path and will be very busy with the Switch 2, but Sony and PlayStation really needs to pull it's socks up and start bringing out the big guns or people are going to start losing faith. Hopefully the rumours of a big PlayStation Experience show later this year are true.

The_Hooligan11h ago

This showcase was great. Not just a great Xbox showcase but in general the best one this year so far.

Kurisu13h ago

I'm tuned in now. I can't say I've ever been big in to Xbox, but I got myself a Series S when it launched. Can't say I've used it much but I'm intrigued to see what's in the pipeline.

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60°

Unreal Engine 5 Showcase - Future Games Show Summer Showcase 2024

The Future Games Show Summer Showcase saw the return of the Unreal Showcase, an eye-popping section featuring stunning vistas, game demos, and evolving proje...

OlderGamer1714h ago

All nice and well but i want to see that in real gameplay on a console...and Hellblade 2 dont cut it....