A report has noted that this reboot was only in development for a single year, and was coming along quite well before cancellation.
The publisher's announcement comes just a week after Embracer Group had first announced its plans to divest itself of the company.
The deal, valued it around $30 million, will also result in Embracer Group hanging on to some IPs like Remnant and Fellowship.
Reports of the MMORPG's cancellation come from a social media post by Amazon Games' former senior gameplay engineer Ashleigh Amrine.
A new report indicates that Embracer Group was trying to facilitate a deal between Take-Two and Xbox to transfer the Perfect Dark IP.
Henry finally ascends to the rank of master blacksmith after he inherits a forge in Kuttenberg and begins the process of restoration.
Wingefors' CEO duties will be taken on by Phil Rogers from August 1. Wingefors will be appointed chair of the board in September.
As part of the move, Coffee Stain Group will keep quite a few IPs with it, including Deep Rock Galactic, Goat Simulator, and Valheim.
As part of the deal with Plaion, Starbreeze had to issue a host of new series B shares of the company which would go to Embracer Group.
Warhorse's acclaimed open-world action RPG sold over a million units at launch last week and has continued to sell well.
Saber Interactive will not be exercising the option to acquire the Metro and Zen Pinball studios from its former parent company, it has been confirmed.
"The need to adapt to shifting market conditions within the video game industry has required us to reassess our operations to align with the evolving needs of our business and our partners," the devel...
Tarsier Studios, which was acquired by Embracer Group in 2019, will be unveiling its next game at the THQ Nordic Showcase, it has confirmed.
The studio behind the Gothic, Risen, and Elex franchises has reportedly been shut down by parent company Embracer Group.
The survival horror reboot performed below expectations where sales were concerned, Embracer Group revealed last month.
While it doesn't yet have a release date, Embracer Group has revealed that Killing Floor 3 is set for release before the end of the current fiscal year.
Pieces Interactive's survival horror reboot had a "softer-than-expected performance" following its launch this past March.
The action RPG also had over seven million players on Game Pass. Dambuster Studios has since confirmed further updates.
Shiver Entertainment developed the Nintendo Switch ports of Hogwarts Legacy and Mortal Kombat 11.
In a recent interview with GamesBeat, Embracer Freegroup CEO Lee Guinchard talks about the future of all things Middle-earth.
