Recap: Embracer Group, the brand new proprietor of the studios behind Tomb Raider, Deus Ex, and Hitman, says that it desires to pump out a bunch of recent content material for a few of its acquisitions’ hottest IPs. An earnings report indicated an curiosity in producing remakes, sequels, and even motion pictures. Nothing is within the works but so far as we all know, however with the corporate turning report earnings, work will probably begin quickly.
On Friday, Embracer Group, the holding firm for quite a few sport studios, published its earnings for its fiscal 12 months ending in March 2022. The numbers look strong, with the corporate reporting SEK 5.23 billion (US $524 million) for This autumn and SEK 17.04 billion (US $1.71 billion) for the 12 months. In comparison with final 12 months, that is 117- and 89-percent development, respectively.
Unsurprisingly, 84 p.c of its total earnings have been from its video games division which noticed 114-percent development over 2021 to SEK 4.42 billion (US $443 million) in This autumn. The corporate noticed comparable will increase for the 12 months with video games pulling in SEK 13.94 billion (US $1.4 billion) in FY21/22.
Forecasts for Embarcer solely look extra promising with its acquisition of Eidos Montréal, Crystal Dynamics, and Sq. Enix Montréal sport studios. The corporate mentioned it will instantly put that funding to work by capitalizing on these builders’ greatest franchises.
“After the top of the quarter, we additional strengthened our improvement capabilities and IP-portfolio by getting into into an settlement to accumulate Crystal Dynamics, Eidos Montreal and Sq. Enix Montreal, together with Tomb Raider, Deus Ex, Thief and Legacy of Kain and different IPs. The announcement acquired an amazing and constructive response. We see an ideal potential, not solely in sequels, but in addition in remakes, remasters, spinoffs in addition to transmedia tasks throughout the Group.”
This plan might imply we’ll quickly be seeing every little thing from reboots to motion pictures and merchandise from collection like Tomb Raider and others. We’ve not seen a brand new Tomb Raider sport since Shadow launched in 2018. Deus Ex has been accumulating mud since 2016. And Theif hasn’t had a correct entry since Thief: Lethal Shadows in 2004 (we will depend the shoddy 2014 Thief remake). The Legacy of Kain collection is much more uncared for, having been deserted in 2003 with LoK: Defiance.
After all, at this level, it is all simply potential. Embracer didn’t point out that something was at the moment within the works. Nonetheless, the agency is anxious to place these studios to work as quickly because the deal closes, someday between July and September. So, it won’t be too lengthy earlier than we get official public bulletins and extra elaboration on these plans.