In a new financial update, Embracer Group revealed how many of its recently released games have performed, giving some insight into the company's strengths and weaknesses. The company has released several high-profile PC and console titles in 2024, with one unlikely game coming out on top.
Established as part of Nordic Games Group in 2011, Embracer Group was formerly known as THQ Nordic before being renamed in 2019. Growing rapidly through a series of major investments and acquisitions, Embracer ran into trouble in 2022 following a botched $2 billion investment deal which prompted the company's shares to fall by 40 percent. Over 4,000 employees at Embracer have been laid off since, with the entity also selling several of its studios, including Saber Interactive and Gearbox.
After failing to hit the mark with Alone in the Dark, Pieces Interactive has fallen victim to Embracer Group's shuttering spree.
According to a financial update from Embracer (via IGN), the launch of Coffee Stain Studios' Satisfactory 1.0 on PC was a success, noting that it "performed above management expectations." First released in early access in March 2019, the factory simulation title boasted nearly 200,000 concurrent players on Steam following its 1.0 update in...
