A lot of studios accepted the sale to Embracer because of the decentralized studio model. I hope they took into account the risk of a subsequent sale to a more centralized owner...
this post was submitted on 11 Sep 2023
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Embraer because of the decentralized studio model
How is Embracer group a decentralized studio model? When ever I look them up I don't get much information. I just hear them buying studios then shutting them down.
Each publisher operates independently. So far, to my knowledge, they've shut down studios that were spun up to work that $2B deal that fell through; and Volition, who haven't made a hit game in a decade.
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Seems sorta weird they'd be looking to offload them for financial reasons. Gearbox seems like it'd be one of their more profitable studios.
Based off the article, it sounds like it was purchased quite recently as well. My personal guess is Embracer was buying up studios faster than it could support, counting on getting more funding down the line. Then Embracer had a deal fall through and realized they were laden with debt and had to drop the load.
Maybe Gearbox was giving the worst return on investment since it was such an expensive purchase which made it the prime target to sell.
after receiving interest from third parties
Someone came along and said they'd like to buy them. Perhaps at an attractive offer given the deal that fell through or perhaps at an even higher price than Embracer paid for it. Anyone would consider a sale at a decent price if someone approached them with the offer.
You think? The last game they put out was that Tiny Tina's Wonderlands one, and I don't think it did gangbusters.
They basically have one IP and it keeps getting staler and staler.
Gearbox is also a publishing arm, which recently put out Remnant II, and they seem to have a stake or ownership in Risk of Rain, Bulletstorm, and Torchlight.