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Square Enix sells western studios and IP to Embracer Group

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Square Enix sells western studios and IP to Embracer Group

Old 05-02-22, 07:32 AM
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Square Enix sells western studios and IP to Embracer Group


Seems like a better fit. SE's sales expectations for Tomb Raider were always absurd.
Old 05-02-22, 07:38 AM
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Re: Square Enix sells western studios and IP to Embracer Group

The price blows my mind, given how colossal so many of these acquisitions have been recently.

I’m intrigued by the IPs that Square Enix is keeping, like Just Cause and Life Is Strange. Those seem like the sorts of franchises that Embracer would love to get their hands on.

I’m still hoping for a Guardians of the Galaxy sequel, if that’s in the cards post-acquisition.

Given that SqEx said that at least some of that $300M is going to be reinvested into NFTs and blockchain…ugh, these studios are better off.
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Old 05-02-22, 09:12 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Yeah, the NFTs and blockchain stuff bothers me a lot more than it probably should.
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Old 05-02-22, 09:13 AM
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Re: Square Enix sells western studios and IP to Embracer Group

I have a friend who is a VP with Square Enix. I hope his job is safe.
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Old 05-02-22, 09:23 AM
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Re: Square Enix sells western studios and IP to Embracer Group

I forgot they did GotG. Great game that absolutely deserves a sequel. SE also shit all over that game's sales as well iirc.
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Old 05-02-22, 09:46 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Hmm... could this be in preparation for selling the rest of the company to one of the big platforms (realistically... Sony?)

Originally Posted by fujishig
Yeah, the NFTs and blockchain stuff bothers me a lot more than it probably should.
Nah, if it bothers you a lot, then that is the right amount. blockchain/NFT stuff can fuck right off.
Old 05-02-22, 10:37 AM
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Re: Square Enix sells western studios and IP to Embracer Group

I have nothing against blockchain, but NFTs are fucking dumb.

Square Enix will go the way of Blizzard and focus on one or two titles lasting a decade like they're doing with FF Online. But it's okay! You'll potentially win NFT lootboxes!

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Old 05-02-22, 11:48 AM
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Re: Square Enix sells western studios and IP to Embracer Group

I don't know anything about the company buying the properties, but if it gets more Deus Ex, I'm cool. I've enjoyed a lot of Squeenix's output over the years. It'll be weird not seeing their name on the games I play any more.
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Old 05-02-22, 12:10 PM
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Re: Square Enix sells western studios and IP to Embracer Group

I was hoping for one more Just Cause game but it seems like I'm one of the few people that enjoy it. I wonder what the status of that IP is since it wasn't part of the sale.
Old 05-02-22, 01:30 PM
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Re: Square Enix sells western studios and IP to Embracer Group

Maybe they'll go after them later. Embracer (Let's face it, it's THQ 2.0) has been treating game companies like Pokemon these last couple years.

Now would be a fantastic time to reboot Legacy of Kain.

Last edited by RichC2; 05-02-22 at 01:35 PM.
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Old 05-02-22, 02:16 PM
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Re: Square Enix sells western studios and IP to Embracer Group

Originally Posted by LorenzoL
I wonder what the status of that IP is since it wasn't part of the sale.
They didn't sell any IPs associated with external studios, or something like that: Just Cause is developed by Avalanche Studios (which is owned by Nordisk Film), Outriders is developed by People Can Fly (owned by Epic), and Life Is Strange is developed by Deck Nine (indie) and Dontnod (Tencent, among others).

I would totally buy Just Cause 5 (or a JC2 or 3 remaster), despite being pretty disappointed with 4.
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Old 05-02-22, 03:48 PM
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Re: Square Enix sells western studios and IP to Embracer Group

Kinda fitting since Embracer recently bought Dark Horse, and Dark Horse recently was (is?) publishing Tomb Raider comics.
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Old 05-02-22, 05:14 PM
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Re: Square Enix sells western studios and IP to Embracer Group

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Last edited by Koby; 08-12-22 at 02:29 PM.
Old 05-03-22, 08:27 PM
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Re: Square Enix sells western studios and IP to Embracer Group

Never heard of Embracer until today. Hopefully they're a better fit for Tomb Raider.

Originally Posted by Adam Tyner
I’m intrigued by the IPs that Square Enix is keeping, like Just Cause and Life Is Strange. Those seem like the sorts of franchises that Embracer would love to get their hands on.
.
Cheap to produce and turns a profit. Low risk involved there.
Old 05-03-22, 09:40 PM
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Re: Square Enix sells western studios and IP to Embracer Group

Originally Posted by Michael Corvin
Cheap to produce and turns a profit. Low risk involved there.
Which would’ve fit well with Embracer, who tends to favor AA developers, although they’ve had some massive acquisitions lately like Gearbox (not to mention the multibillion dollar acquisition of Asmodee, even if that’s a different type of gaming).
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Old 05-13-24, 07:49 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Didn’t think this was worthy of a whole new thread but Square Enix has announced that they’re moving to a more aggressive multi-platform strategy, aiming to put all titles, including high profile AAA ones, onto every console AND PC.


Old 05-13-24, 08:11 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Oh God, why Embracer?
Old 05-13-24, 09:06 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Originally Posted by Maxflier
Oh God, why Embracer?
It's been two years. I don't know what they're doing with those studios and IPs. I haven't heard of anything.
Old 05-13-24, 09:29 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Hah, I didn't even realize this was a 2 year old thread. Guess now it makes sense why no one realized how much of a shit show Embracer was.
Old 05-13-24, 09:49 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Originally Posted by Maxflier
Hah, I didn't even realize this was a 2 year old thread. Guess now it makes sense why no one realized how much of a shit show Embracer was.
yeah sorry, maybe I should have done a new thread instead

also, agreed. Embracer has proven to be terrible since the original news came out. Not sure about their Square Enix titles specifically, though.


This latest news from Square Enix sounds like good news, though.
Old 05-13-24, 10:23 AM
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Re: Square Enix sells western studios and IP to Embracer Group

I'm not that familiar with Embracer. Why are they a shit show?
Old 05-13-24, 10:27 AM
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Re: Square Enix sells western studios and IP to Embracer Group

As a solely PC player, yay!
Old 05-13-24, 10:34 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Originally Posted by Decker
I'm not that familiar with Embracer. Why are they a shit show?
They were collecting studios (and even publishers!) like baseball cards, really ramping up during the pandemic thanks to interest rates being so low and financing being so readily available. But they couldn't afford to keep the lights on once that financing dried up, so they've been cutting to the bone with extensive layoffs and studio closures.
Old 05-13-24, 11:29 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Specifically,
SEVEN studio closures , 29 canceled games, and 1400 layoffs over the course of 9 months.
Old 05-13-24, 11:38 AM
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Re: Square Enix sells western studios and IP to Embracer Group

Geez. They're a liquidator, not a developer.

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