Embracer Group Has 69 Unannounced Games in Development

Embracer Group - which owns the likes of Volition (Saint's Row, Red Faction), Tarsier (Little Nightmares) and Experiment 101 (Biomutant) - has 118 games in development, 69 of which are currently unannounced. The Swedish holding company (which was formerly known as THQ Nordic) revealed the news in its financial earnings report, which you can check out on the Embracer Group website. "I genuinely believe that we have one of the industry’s most exciting pipelines of upcoming games, engaging over 3,000 game developers across the world," the report reads. [ignvideo url="https://www.ign.com/videos/2020/05/19/snowrunner-accolades-trailer"] The report mentions that, with the recent acquisition of Snowrunner developer Saber Interactive, the holding company now has 118 games in development, with 69 of those games unannounced. The holding company expects "substantial growth" in the current fiscal year, supported by upcoming releases such as Biomutant, Destroy All Humans!, Wasteland 3 and more. For more on Destroy All Humans!, check out our interview with Black Forest Games from Gamescom 2019. The report also mentions "a host of other titles that have not yet started their marketing campaigns" and refers to the beloved franchises within in its wheelhouse that the company expects will bolster their upcoming performance, such as Saints Row, Metro and Dead Island. [ignvideo url="https://www.ign.com/videos/2019/06/21/destroy-all-humans-remake-preview"] Embracer Group also dwelled on the effect of the COVID-19 pandemic on its wokflow. "Rapid transformations to online and social distancing workflows has in general gone smoothly and have mostly only caused minor operational interruptions," the report reads. Closing out the report, Embracer Group revealed that it has raised 1.6 Billion Swedish Krona (approximately $166 million USD) for further acquisitions, and mentioned "several ongoing discussions" with studios, franchises and publishers in the games industry, suggesting there might be some more big names joining Embracer Group in the near future. [poilib element="accentDivider"] Jordan Oloman is a freelance writer for IGN. Follow him on Twitter.

source https://www.ign.com/articles/embracer-group-has-69-unannounced-games-in-development