Embracer cancel upcoming strategic partnership Posted on May 24, 2023 by Anonymous Sounds like the 2bn $ deal fell through at the last moment.
Lol. Lmao even
their stock is also down by 35% lol
Hey, you are experienced with stock trading?
I'm also interested in it, but I'm not very familiar with it.
40% now actually, but its worse, compared to a week ago its down 60%.
You are still present?
All I tell you is...
BUY BUY BUY
Hey Anon, what exactly are the benefits that come out of such purchases?
Its a bit of risk taking. I expect them to be on the up in a couple of weeks, but with their value now down to nearly half thats a steal. Once they rise again, you can sell shares if you like for double the price in this case, or keep them in hopes of increasing their worth.
Okay, you seem to know about it. Did you teach yourself all this?
Do you also participate in Eanrins Call Q&A as a questioner, if at all a "normal citizen" can participate, it's only analysts there, I've noticed that.
My old boss was big into trading as a sidegig, and I caught up a bit from him alongside teaching myself
And no to your 2nd question, I do read the summaries though.
I think it's a pity that no normal people can participate there, ask the questions.
Have you been able to establish contacts with companies there? For example, as a loyal trading customer.
Cold feet from one party on something of a political nature maybe, would make sense after the bud light disaster
Multiple AAA games were also delayed.
However, on a positive note, Dead Island 2 sold well over 2 million copies.
Thats true, but with how many IPs they hoard this isnt good news.
What are you talking about?
Then they will whore/sell IPs they were doing fuck all with to companies that will proceed to do nothing.
>for a AAA that burned millions in dev hell
Wasn't it a duke nukem situation where a bunch of different publishers or developers helmed it? If they were the publisher the whole time then, ouch.
Deep Silver was the publisher for it long before they got their asses bought out by the swedes(Embracer)
Yes, it still is good, as half of a games budget is marketing. So, the game took twice as long as expected (for a AAA game) to make, so would have cost ~1.5 times what a game without development hell would have (ignoring opportunity cost).
The game has also not released on Steam yet, so they have even more potential to make money off of it.
You seem to be well-founded in it, have you had personal experience yourself in the field marketing or co?
Can you pls response?
We are not getting another Deus Ex game, huh
It’s already in development. From what I can glean, this was possibly related to some form of exclusivity, and to additional trans-media initiatives.
I dont think this impacts Embracer's IPs, they were supposed to do contracted work for someone else. Might have been Sony, if the news about the cancellation of Kotor Remake is true.
It’s not that deal either, it’s to do with a new deal that started negotiations in October last year.
You're getting another one, just not another good one.
Is this the Amazon deal where they wanted the Tomb Raider IP for a billion for adaption?
They are partially killing Deep Silver because of the flop of Saints Row.
I thought that Game Pass money was irresistible, xisters?
Anon, you really need to get your head out of the console war, nobody knows who the other entity is and it also wasnt Embracer pulling out of the deal, but the other company cancelling it.
Saints Row cost $100 million lmao
I still don't understand how. It was a total piece of shit on every level.
they overpaid and overhired a lot of shitty people especially in marketing
how even,what the fuck did they spend it on cause clearly not enough of that money went into the game
>the average day of a video game hr employee!
>eats pizza and pets dog, goes home
Embracer distributed The Whale and Parasite in Germany.
classic pump and dump
Do we know what this deal is or is this just a vague announcement for investors?
The deal was between Embracer and some unknown company, personally think it was Amazon. Embracer was supposed to be contracted for 2bn to develop games for the other company, with the talks first starting October last year. The deal fell through last night for reasons unknown and thats all we know.
>The deal was between Embracer and some unknown company,
Who actually decides whether a deal goes through or not and what are the decisions, does the CEO or someone from senior management make it?
The CEO could be involved depending on how the deal got started and how important it is, who started the talks, etc.
I wanna know who they were talking with.
CEO usually relays the proposal to the shareholders and investors and depending on their personal views, tries to dissuade them from or convince them to agree to the deal.
The CEO has no real power (unless they're the largest shareholder of the company).
They are already working on Amazon with multiple other projects, and from has been said it does not seem like a game development deal, or at least not primarily one.
>Only 2 out of 14 notable new releases in the fiscal year 2022/23 performed above average. Only 4 broke even.
embracer running itself into the ground
Good, I hate this consolidation bullshit and Embracer is the worst of it all.
That's what you get when you're run by corporate idiots.
Do you have knowledge in such business field of corporate management?
They better learn to release more good games from the IPs they have, instead of acquiring more and more IPs and do nothing with them.
...and incels will shill your game FOR FREE!
Doesn't work it seems.
How's that working for Bud Light?
Amazingly actually. Black rock doubled their value by slurping the dip
Nothing of substance happened to budlight you pol gay Retard, You should be hung like the morons you reminisce about
>Google bud light controversy
>sales down 27%
>nothing of substance
You people live in a fantasy world.
The funny thing about that whole mess is that it's being taken off the wall at some of the bars and restaurants I regularly go to. The place I went to yesterday replaced it with another ABInbev beer, but they still took it off.
Deal was with Microsoft, fell through because MS doesn't want to move forward until activision is dealt with.
THQ + Deep Silver + Gearbox + Eidos
holy shit what a cursed group.
>When the only success you've had in the past year is a game that went through development hell and passed through multiple studios
It really isn't looking good for them, but hopefully these failures are making them re-evaluate.
>stock down 40%
in other news antimatter is dead too
Seems like they sold to a company in 2018, which had its management replaced, then a garden gnome bought it out last year in August. Now they are closing the studio to increases profits, because it’s faster than selling it or finding a third-party publisher for I.G.I.
embracer is a joke, their entire purpose is to buy as many ips as possible so that they can sell to one of the streaming services
their studios are run by retards and so is embracer, who the fuck is gonna buy this mess?
Embracer just in the tenuous position of the fact that they're trying to reclaim the A-AA space that the major publishers abandoned, but they also don't have a huge super-tentpole service game that they can use to keep pressure off their other properties. That would've normally been Saints Row but those haven't been doing too hot, and future potential ones like Tomb Raider and Deus Ex are still years off if anything is actually happening, and that's without Crystal Dynamics working on Perfect Dark. They can't even enjoy the lion's share of Borderlands success because 2K publishes that.
As it is, they need one of their studios to put out fucking anything. Now that Dead Island 2's out of the way maybe Dambuster can put some manpower toward Free Radical and get that forever rumored Timesplitters moving towards something concrete.
Dambuster and Free Radical are different studios, they split in 2021, and Timesplitters 4 has been in development since then.