Recap: Embracer Group, the brand new proprietor of the studios behind Tomb Raider, Deus Ex, and Hitman, says that it needs to pump out a bunch of latest content material for a few of its acquisitions’ hottest IPs. An earnings report indicated an curiosity in producing remakes, sequels, and even films. Nothing is within the works but so far as we all know, however with the corporate turning report income, work will probably begin quickly.
On Friday, Embracer Group, the holding firm for quite a few recreation studios, revealed its earnings for its fiscal yr ending in March 2022. The numbers look stable, 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 yr. Compared to final yr, 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 firm noticed related will increase for the yr 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 Square Enix Montréal recreation studios. The firm stated it might instantly put that funding to work by capitalizing on these builders’ greatest franchises.
“After the tip of the quarter, we additional strengthened our growth capabilities and IP-portfolio by getting into into an settlement to accumulate Crystal Dynamics, Eidos Montreal and Square Enix Montreal, together with Tomb Raider, Deus Ex, Thief and Legacy of Kain and different IPs. The announcement obtained an amazing and constructive response. We see an important potential, not solely in sequels, but additionally in remakes, remasters, spinoffs in addition to transmedia tasks throughout the Group.”
This plan might imply we are going to quickly be seeing all the things from reboots to films and merchandise from collection like Tomb Raider and others. We have not seen a brand new Tomb Raider recreation since Shadow launched in 2018. Deus Ex has been gathering mud since 2016. And Theif hasn’t had a correct entry since Thief: Deadly Shadows in 2004 (we will not rely the shoddy 2014 Thief remake). The Legacy of Kain collection is much more uncared for, having been deserted in 2003 with LoK: Defiance.
Of course, at this level, it is all simply potential. Embracer didn’t point out that something was at present within the works. However, the agency is anxious to place these studios to work as quickly because the deal closes, someday between July and September. So, it may not be too lengthy earlier than we get official public bulletins and extra elaboration on these plans.