Embracer Group Plans to Release 70 Game Projects Before March 31, 2025, Includes Three “Important Unannounced Titles”
While Embracer has been suffering through hardships and financial turmoil since last year, it seems the company has no plans to exit the video game business. According to the company, 70 game projects are in the works and will be released in fiscal year (FY) 2024 to 2025.
This was revealed by the company’s latest quarterly earnings report where the it states, “. In total, we expect to release more than 70 projects in FY 2024/25, including at least three important unannounced titles.”
No further info was given regarding the “important unannounced titles,” but we’re hoping one of 70 games is the in-limbo project, Knights of the Old Republic Remake, which is said to be “alive and well” per Saber Interactive who’s now handling the project.
Could one of these unannounced projects be the cancelled Deus Ex game? Technically, the game hasn’t been officially announced/revealed, but a report that surfaced this January mentioned that Eidos Montreal was hit with layoffs, with the project cancelled.
There is a chance Embracer announces some of these unannounced titles during Summer Game Fest next month given the release isn’t that far off. This should give the company some much needed positive press coverage given most of the time they’re in the news, it’s about studio shutdowns or layoffs.
To stop the bleeding and recoup some cash, Embracer recently sold off Saber Interactive for $500 million to Beacon Interactive, and also Gearbox Software to Take-Two Interactive, parent company of Rockstar Games.
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