Embracer is reorganizing its video game subsidiaries
, by Quentin
Embracer Group has announced a major reorganization of its divisions. The label Coffee Stain has went on to become a stand-alone entity, while premium label Middle-Earth and Friends being renamed Fellowship Entertainment.
Fellowship Entertainment will group together several major licenses, including Lord of the Rings, Tomb Raider, Kingdom Come: Deliverance, Dead Island, Killing Floor and Metro. More than 40 studios are involved, including Crystal Dynamics, Eidos-Montréal, THQ Nordic, 4A Games, Gunfire Games, Plaion and Dark Horse.
For its part, Coffee Stain Group, which focuses on community-oriented, free-to-play PC, mobile and console games, becomes an independently listed company. CEO Anton Westbergh hailed the move as a logical step, offering greater clarity and autonomy.
Lars Wingefors, CEO of Embracer, reaffirmed his confidence in Coffee Stain's strategy, believing that this structure will foster new partnerships with independent developers.
Source: videogameschronicle.com