Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

Embracer to spin off Coffee Stain Group – remaining business to be renamed Fellowship Entertainment

⁨33⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨simple@lemm.ee⁩ to ⁨games@lemmy.world⁩

https://embracer.com/releases/embracer-to-spin-off-coffee-stain-group-remaining-business-to-be-renamed-fellowship-entertainment/

source

Comments

Sort:hotnewtop
  • cronenthal@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

    Another publicly listed entity, the path for Coffee Stain is now set. Expect extreme monetization and dwindling quality. It’s not their fault, it’s what the stock market demands. Rip Coffee Stain Studios, I’ll remember the good times fondly.

    source
    • JakenVeina@lemm.ee ⁨1⁩ ⁨day⁩ ago

      Normally, I’d be on board with you, but it does strike me as notable that Coffee Stain has apparently ALREADY been under the umbrella of shareholders this whole time, and is still fucking THRIVING. I’ll also note that Coffee Stain is based in Sweden, where all the things that make them great (I.E. the way devs are treated, which lets them thrive and make great shit) isn’t about to change.

      So, I think it’s worth tempering the pessimism a bit, for now. We’ll have to see how it plays out.

      source
  • lordnikon@lemmy.world ⁨1⁩ ⁨day⁩ ago

    If I’m reading this right it sounds that coffee stain Studios is being left alone for now. It’s just everything else that looks fucked.

    source
    • JakenVeina@lemm.ee ⁨1⁩ ⁨day⁩ ago

      What makes you say that? Do you say “everything else” to mean all the studios that aren’t splitting off along with Coffee Stain? From what’s here, I don’t see why Coffee Stain is in any different boat than everyone else underneath “Coffee Stain Group”.

      source
      • lordnikon@lemmy.world ⁨1⁩ ⁨day⁩ ago

        To answer your question yeah everything else is everything not going with coffee stain. From other sources I read coffee stain is spinning out and going independent and embracer is getting stock. So I expect an IPO soon.

        source
  • kadup@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Every. Single. Time. I read “Embracer” as “Embraer” and spend 30 seconds trying to parse why an airplane company is investing into entertainment.

    source