News Summary

• Embracer Group is spinning off Fellowship Entertainment.
• The new business unit is designed to expand The Lord of the Rings and Tomb Raider.
• It may also breathe new life into some of the company’s dormant video game franchises.
• These include Saints Row, Legacy of Kain, Deus Ex, Red Faction, The Mask, Thief, TimeSplitters.
• The suggestion is we may see new games in these franchises, developed by studios that are not under the Embracer umbrella.
• But there is now hope for some of these franchises where fans thought there was none.