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[STEAM] Embracer announces plan to split into 2 companies, as Tomb Raider and LoTR spun off

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Embracer Group has announced its intention to split into two public companies, with a new spin-off taking over its biggest game IPs, including Tomb Raider.

Fellowship Entertainment is planned to be established in 2027 and will be an “IP-led” entertainment company built around the development, publishing, and licensing of games.

The new company will take over stewardship of The Lord of the Rings IP, and game franchises such as Tomb Raider, Darksiders, Dead Island, Kingdom Come Deliverance, Metro, and Remnant.

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