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Embracer Group is spinning off Fellowship Entertainment, a new business unit designed to expand The Lord of the Rings and Tomb Raider, as well as breathe new life into some of the company’s dormant video game franchises.
In a letter to investors, Lars Wingefors, founder and chair of Embracer, said the new Fellowship Entertainment will “more actively be exploring” external partnerships around its well-known IP, such as Saints Row, Legacy of Kain, Deus Ex, Red Faction, The Mask, Thief, TimeSplitters.
The suggestion is we may see new games in these franchises, developed by studios that are not under the Embracer umbrella. Wingefors did not outright confirm any new games or announce a timeframe for more news, but there is now hope for some of these franchises where fans thought there was none.
Take Saints Row, for example. Earlier this year, Saints Row 1 design director Chris Stockman said he believed the series was “dead” and that Embracer had “zero ability” to do anything with the franchise. The one-time Grand Theft Auto competitor hasn’t seen a new entry since 2022’s ill-fated reboot, Saints Row. It received a mixed reception from fans, with IGN’s Saints Row review returning a 6/10. “Saints
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