{"id":91924,"date":"2024-04-22T09:28:53","date_gmt":"2024-04-22T09:28:53","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/04\/22\/gaming-giant-embracer-group-is-splitting-into-three-companies\/"},"modified":"2024-04-22T09:28:53","modified_gmt":"2024-04-22T09:28:53","slug":"gaming-giant-embracer-group-is-splitting-into-three-companies","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/04\/22\/gaming-giant-embracer-group-is-splitting-into-three-companies\/","title":{"rendered":"Gaming giant Embracer Group is splitting into three companies"},"content":{"rendered":"


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Swedish gaming conglomerate Embracer Group announced plans on Monday<\/a> to split itself into three distinct games and entertainment companies: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends. These will be separate, publicly listed companies, according to Embracer\u2019, which says the move will allow \u201ceach entity to better focus on their respective core strategies and offer more differentiated and distinct equity stories for existing and new shareholders.\u201d<\/p>\n<\/div>\n

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\u201cThis move towards three independent companies reinforces Embracer\u2019s vision of backing entrepreneurs and creators with a long-term mindset,\u201d says Lars Wingefors, co-founder and Embracer Group CEO, \u201callowing them to continue to deliver unforgettable experiences for gamers and fans across the globe.\u201d<\/p>\n<\/div>\n

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Embracer has been aggressively \u201crestructuring\u201d since losing out on a $2 billion partnership deal last year<\/p>\n<\/div>\n<\/div>\n

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The three new companies will be broken down as follows:<\/p>\n<\/div>\n

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\u201cThis move has been made with the intention to unleash the full potential of each team and provide them with their own leadership and strategic direction,\u201d said Wingefors. \u201cThis is the start of a new chapter, a chapter that I intend to remain part of as an active, committed, and supportive shareholder of all three new entities, with an evergreen horizon.\u201d<\/p>\n<\/div>\n


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Swedish gaming conglomerate Embracer Group announced plans on Monday to split itself into three distinct games and entertainment companies: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends. These will be separate, publicly listed companies, according to Embracer\u2019, which says the move will allow \u201ceach entity to better focus on their respective core […]<\/p>\n","protected":false},"author":1,"featured_media":91925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-91924","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/91924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=91924"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/91924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/91925"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=91924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=91924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=91924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}