Embracer Group plans big push for long-neglected franchises Legacy of Kain, Thief, DeusEx,...

Cal Jeffrey

Posts: 3,496   +1,040
Staff member
Recap: Embracer Group, the new owner of the studios behind Tomb Raider, Deus Ex, and Hitman, says that it wants to pump out a bunch of new content for some of its acquisitions' most popular IPs. An earnings report indicated an interest in producing remakes, sequels, and even movies. Nothing is in the works yet as far as we know, but with the company turning record profits, work will likely start soon.

On Friday, Embracer Group, the holding company for numerous game studios, published its earnings for its fiscal year ending in March 2022. The numbers look solid, with the company reporting SEK 5.23 billion (US $524 million) for Q4 and SEK 17.04 billion (US $1.71 billion) for the year. Compared to last year, that's 117- and 89-percent growth, respectively.

Unsurprisingly, 84 percent of its overall earnings were from its games division which saw 114-percent growth over 2021 to SEK 4.42 billion (US $443 million) in Q4. The company saw similar increases for the year with games pulling in SEK 13.94 billion (US $1.4 billion) in FY21/22.

Forecasts for Embarcer only look more promising with its acquisition of Eidos Montréal, Crystal Dynamics, and Square Enix Montréal game studios. The company said it would immediately put that investment to work by capitalizing on those developers' biggest franchises.

"After the end of the quarter, we further strengthened our development capabilities and IP-portfolio by entering into an agreement to acquire Crystal Dynamics, Eidos Montreal and Square Enix Montreal, including Tomb Raider, Deus Ex, Thief and Legacy of Kain and other IPs. The announcement got an overwhelming and positive response. We see a great potential, not only in sequels, but also in remakes, remasters, spinoffs as well as transmedia projects across the Group."

This plan could mean we will soon be seeing everything from reboots to movies and merchandise from series like Tomb Raider and others. We haven't seen a new Tomb Raider game since Shadow launched in 2018. Deus Ex has been collecting dust since 2016. And Theif hasn't had a proper entry since Thief: Deadly Shadows in 2004 (we shall not count the shoddy 2014 Thief remake). The Legacy of Kain series is even more neglected, having been abandoned in 2003 with LoK: Defiance.

Of course, at this point, it's all just potential. Embracer did not indicate that anything was currently in the works. However, the firm is anxious to put these studios to work as soon as the deal closes, sometime between July and September. So, it might not be too long before we get official public announcements and more elaboration on these plans.

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Ultraman1966

Posts: 179   +97
Though this is good to hear, there are times when I just would prefer a remaster for some of these old titles. I've played every Deus Ex entry in the franchise, and just don't find they're as magical as the original.
It pains me to see so many less worthy games being remade or remastered but the classic DX has been left in the dirt. Where's the justice???
 

passwordistaco

Posts: 211   +506
The best thing about this acquisition is that Embracer didn't just get the IP, they got 3 studios that can make excellent games with the IP. Embracer should be smart enough to avoid the "as a service" and microtransaction garbage that Square wanted to force into their games.
 

amghwk

Posts: 1,187   +1,111
Enough of remakes or reboots or sequels. Time to diversify and play a different world, different game and different setting. We need new games, new variety. Not the same old game and game play in a different color. We gamers deserve better games, better ingenuity, new designs, new territories to explore....not rehashes and remakes and sequels.

Sadly many gamers just demand that and happy to own many versions of the same game.
 

Burty117

Posts: 4,488   +2,694
Embracer Group got Free Radical Design back together and apparently working on a Timesplitters game, consider me a happy gamer if that comes to fruition.

Enough of remakes or reboots or sequels. Time to diversify and play a different world, different game and different setting. We need new games, new variety. Not the same old game and game play in a different color. We gamers deserve better games, better ingenuity, new designs, new territories to explore....not rehashes and remakes and sequels.

Sadly many gamers just demand that and happy to own many versions of the same game.
Now normally I agree with you, however, my PS2 is not in great condition, getting it working these days is a pain since it didn't support HDMI and who knows how much life is left in the game disc.

I would be happy just to see Timesplitters sold on the PlayStation store on a modern console. I wouldn't even care if it was "any better" just being able to run it on modern hardware would be enough for me.

I hear you can get Timesplitters on the Xbox store now though, it's honestly almost enough of an excuse to get me to buy a Series X.
 

McMurdeR

Posts: 514   +652
Enough of remakes or reboots or sequels. Time to diversify and play a different world, different game and different setting. We need new games, new variety. Not the same old game and game play in a different color. We gamers deserve better games, better ingenuity, new designs, new territories to explore....not rehashes and remakes and sequels.

Sadly many gamers just demand that and happy to own many versions of the same game.

I agree with this, and it's not just gaming, it's pervasive across all popular culture at the moment. The demand to relive nostalgia is stifling originality.
 

Entrylevel

Posts: 17   +6
I agree with this, and it's not just gaming, it's pervasive across all popular culture at the moment. The demand to relive nostalgia is stifling originality.

Yes, but also no. It's not just "at the moment". A lot of what people generally consider "original" art (including music, films, games) is often just a minor modification and re-presentation of something else.

Source: Everything is a Remix
 

McMurdeR

Posts: 514   +652
Yes, but also no. It's not just "at the moment". A lot of what people generally consider "original" art (including music, films, games) is often just a minor modification and re-presentation of something else.

Source: Everything is a Remix
No, but also yes :D

A lot of what people consider to be "original" is originality!