We’re gonna need a bigger umbrella
Media holding company Embracer Group is not done with its shopping spree just yet. Not content with already being one of the gaming industry’s biggest umbrella corporations, Embracer’s newest financial results references plans to acquire at least 35 more studios within as short a time frame as the coming months, adding to the group’s enormous portfolio.
“In the past 12 months, we have made 37 acquisitions and expect to do a similar amount of transactions over the coming 12 months,” posits Embracer Group in its second interim results report of the current financial year. “We currently have a large range of active processes and dialogues, including a good number of signed exclusive term sheets.”
So, according to these comments, it seems that conversations are already being had, and contracts and offers are already being drafted. The studios about to join Embracer Group will be part of a very impressive portfolio, which already includes THQ Nordic, Saber Interactive, Koch Media, Gearbox Entertainment, Aspyr Media, DECA Games, all of their subsidiaries, and numerous independent studios. It’s understandably unnerving to see so much of the major (and minor) gaming industry falling underneath the same few banners, but such is the way of modern business and the entertainment sector.
Elsewhere in the report, Embracer Group announced it has a total of around 25 “AAA” titles scheduled for release between now and 2026. In the immediate future, these titles include the recently delayed Saints Row as well as an as-yet-unannounced game that is scheduled to launch in the fourth quarter of 2022.