this post was submitted on 29 Feb 2024
122 points (99.2% liked)
Gaming
22275 readers
10 users here now
Sub for any gaming related content!
Rules:
- 1: No spam or advertising. This basically means no linking to your own content on blogs, YouTube, Twitch, etc.
- 2: No bigotry or gatekeeping. This should be obvious, but neither of those things will be tolerated. This goes for linked content too; if the site has some heavy "anti-woke" energy, you probably shouldn't be posting it here.
- 3: No untagged game spoilers. If the game was recently released or not released at all yet, use the Spoiler tag (the little ⚠️ button) in the body text, and avoid typing spoilers in the title. It should also be avoided to openly talk about major story spoilers, even in old games.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Good for them! Embracer is horrible.
They seemed to be acquiring and funding good things for a while there, and then out of the blue went "oops, spent a bit too much there lol, gotta melt some of these down for cash" and then threw some seriously good shit right into the crucible.
They acquired far too much as they expected a $2B deal with Saudi Arabia. That fell through and they’ve been shedding everything but the CEOs (at least from what I can find)
Even if that deal had worked out, it would not have left a nice taste in the mouth.
They really shouldn't have played as fast and loose as they did.
"Out of the blue". They were gobbling up studios as nothing more than assets. Any "good" that came of that process was purely incidental and this sandbag dumping when they started to sink was inevitable.