GAMESMachine Translated summary
Embracer Group Spinning Off Fellowship Entertainment as Separate Publicly Listed Company
Embracer Group has announced plans to split into two publicly listed companies by spinning off Fellowship Entertainment, which is expected to list on the Nasdaq Stockholm stock exchange in 2027. Fellowship Entertainment will include Dark Horse Media, Crystal Dynamics, Eidos-Montréal, 4A Games, Dambuster Studios, Fishlabs, Flying Wild Hog Studios, and Gunfire Games, among others. The move is framed by Embracer leadership as a way to enable faster shareholder value creation.
First seen May 20 ago7 sources covering
Sources (7)
Click any to read originalJP-PRESS (2)
EN-ORIGINAL (5)
ICYMI Embracer Group announced they're spinning-off "Fellowship Entertainment" into new company. • Studios & Companies include: Dark Horse Media, 4A Games, Crystal Dynamics, Dambuster Studios, Eidos-Montréal, Fishlabs, Flying Wild Hog Studios, Gunfire Gam
MangaAlertsMay 20
Embracer Group plans to list Fellowship Entertainment, which will include Dark Horse Media, on the Nasdaq Stockholm stock exchange in 2027
Anime News NetworkMay 20
Embracer is splitting itself up again in order to "enable more and faster shareholder value." "Ever since the foundation of Embracer the question has been asked to me what th...
KotakuMay 20
Embracer Will Spin-Off 'Fellowship Entertainment' Into Its Own Company.
Nintendo LifeMay 20
Embracer Group to split into two companies – Fellowship Entertainment and Embracer Embracer Group has announced its intention to separate the group into two publicly listed companies through the spin-off of Fellowship Entertainment, with a listing on Nasd
GematsuMay 20
How sources are framing this
Kotaku's framing emphasized the irony of Embracer splitting itself up again after years of aggressive acquisitions and prior restructuring, while other outlets reported the announcement more neutrally.
What we know
- Embracer Group will separate into two publicly listed companies via the spin-off of Fellowship Entertainment
- Fellowship Entertainment is targeted to list on Nasdaq Stockholm in 2027
- Dark Horse Media, Crystal Dynamics, Eidos-Montréal, 4A Games, and several other studios will fall under Fellowship Entertainment
- Embracer CEO cited enabling 'more and faster shareholder value' as a key motivation for the split

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