160°

Embracer Group Acquires Gearbox, Deal Worth "Up to $1.3 Billion"

Embracer Group (formerly known as THQ Nordic/Nordic Games Publishing) has once again added a new company into its fold! In a press release, the company has announced its merger with Gearbox Entertainment Company for a deal worth up to $1.3B.

SlothLordPootus1808d ago

I love what THQ Nordic is doing. They certainly have a lot of cash available. I didn't think Borderlands 3 had sold very well because I've seen it for $8 at Best Buy, but supposedly it's sold 8 million copies already.

excaliburps1808d ago

I think it sold enough that it's a lucrative franchise. Embracer is slowly becoming a a massive publisher that could rival Acti/EA/Ubi soon.

SlothLordPootus1808d ago

I'd rather Embracer have most IP instead of Microsoft/Sony/EA/Act.

They actually seem to care about the IP they have. Even if they aren't putting out tons of AAA 90+ meta games, at least they're not going to abandon franchises and studios after 1 misstep.

CoffeeBlack9101808d ago

I wish I had $1.6B cash available LOL but yea this is pretty interesting. Definitely going to monitor this situation.

Atom6661808d ago

I'm still confused by what they're doing. I'm also not sure I understand where the $$ is coming from.

THQ/Embracer have been buying up so many ips and smaller studios (this being an exception). It's almost comical at this point to look at what all they own. But their financials aren't blowing anyone away (they've grown but keep spending).

It's not a stretch to say they own the majority of the AA games market. I'd be fascinated to learn what their full strategy is here. Not that its necessarily bad. I just find it very interesting.

BlaqMagiq11808d ago

My guess is maybe loans or backing from some firm. Can't say for sure, but whatever it is they're slowly becoming a quiet powerhouse. Don't sleep on em.

ZwVw1808d ago

Any corporation that grabs a potential gaming developer away Tencent's grubby hands, is cool in my book.

AzubuFrost1807d ago

Not gonna lie, I thought Embracer Group was a Tencent or a Chinese company of some sort. Glad to see it's THQ Nordic.

Psychonaut851808d ago

First thing they need to do is fire Randy Pitchford

60°

Rockstar launches official marketplace for mods

Rockstar has launched an official marketplace for "every server and every player" to buy mods: Cfx Marketplace.

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gamesindustry.biz
Christopher2d ago (Edited 2d ago )

I wonder how much of this isn't just taken work of others who have modded for free.

Edit: Also, great way for R* to take popular ideas and build them into GTAVI based on demand.

fr0sty6h ago

What I see happening here is, R* is going to ban mods in GTA6 UNLESS you buy them from the marketplace and R* then gets a cut of that sale.

ActualWhiteMan9h ago

Ah, perfect timing with them taking down the Bully online fan mod. Greedy a$$ company.

Christopher6h ago

It's okay as long as they get a cut of the money.

fr0sty6h ago

Expect R* to force it on you.

Snookies1226m ago

Yep, right there with you. I'll happily donate to a mod creator if it looks really cool, or if I enjoy it. But expecting payment up front? Nope, not touching it.

IanTH5h ago(Edited 5h ago)

I'm not entirely sure how to read this, as it doesn't seem exactly like an exact parallel to Bethesda's paid mods shenanigans.

Rather than single player stuff, this appears to be aimed solely on Cfx Servers. From what I've gleaned, apparently Rockstar bought the Cfx mod team several years ago, coming a few years after weird contentions led them to ban a few of their members. Ultimately, the question is if they plan to keep this contained to only online/servers.

I have to guess to a degree yes. It'd be pretty hard to "force" paid mods for single player when modding files locally on your own machine, but much easier for servers they'll control. So perhaps this is their soft launch ahead of GTA6 online and they'll clamp down more tightly on non-official servers going forward? Ever since they've become a 1 or 2 property studio, I haven't really cared much for Rockstar stuff, so I'm not entirely up on everything surrounding this. Sounds like it has the potential to be problematic further down the line, but right now fairly easy to ignore...I think lol.

50°

Kotick claims lawsuit objecting to MS-Activision deal was "tied to Embracer's desire to boost sales"

Former CEO describes lawsuit filed by Swedish pension fund as a "collateral attack" on Activision Blizzard.

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gamesindustry.biz
OpenGL1d 2h ago

Yeah, the Microsoft deal has DEFINITELY worked out for everyone.

galgor23h ago

Can this mother fucker just get lost already

PRIMORDUS22h ago

He belongs in here ⚰️, hopefully sooner than later.

MrDead7h ago(Edited 7h ago)

Kotick Made $155 million from MS in the buyout, the little b*tch needs to stop whining. Thanks to this Microslop deal and massive industry consolidation thousands upon thousands of devs and other workers lost their livelihoods. This greedy piggie pervert needs shut up and f-off.

40°

An Update to Our Shared Commitment to Safer Gaming

Discover how Sony Interactive Entertainment, Nintendo, and Microsoft continue to collaborate to improve player safety across our platforms.

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sonyinteractive.com