Earlier this month, Sq. Enix offered off Crystal Dynamics, Eidos Montreal, and Sq. Enix Montreal to Embracer Group for $300 million. This successfully implies that Embracer Group will quickly personal Tomb Raider, Deus Ex, and Legacy of Kain, amongst different IPs, and it plans to bolster these video games with new sequels, remakes, and different initiatives. One would assume that Sq. Enix would maintain on to these juggernaut IPs for pricey life, however because it seems, the corporate made this determination as a result of many of those IPs didn’t carry out in addition to it had hoped.
Apparently, Sq. Enix will make the most of this improvement to take a position extra in blockchain video games and the cloud, as a result of the corporate clearly has its priorities straight. However whereas Sq. Enix continues its race to the underside, Embracer Group already large plans for its new IPs.
A golden alternative
Embracer Group introduced up the potential of these new initiatives in its This fall monetary report. In accordance with the corporate, it “see[s] an excellent potential, not solely in sequels, but additionally in remakes, remasters, spinoffs in addition to transmedia initiatives throughout the Group.” Crystal Dynamics has already begun work on a brand new Tomb Raider installment that can make the most of Unreal Engine 5, and Embracer Group undoubtedly appears to be like ahead to seeing that undertaking pan out. Regarding the “transmedia initiatives,” these probably contain movie or TV variations. As early as January of final yr, information got here out relating to a Netflix anime sequence based mostly on Tomb Raider, so Embracer Group can now change into concerned with that undertaking as nicely.
One can solely surprise what sorts of sequels and remakes Embracer Group has in retailer for followers of those famend IPs. There may be hope that Embracer Group will make higher use of those IPs than Sq. Enix ever did, however in the long run, we must wait and see.