"We wouldn’t acquire the brand of Lord of the Rings if we were just thinking to maximise that potential over the coming year," says CEO Lars Wingefors.
Recently alongside by the Embracer Group, the Canadian studio will be known as Studio Onoma going forward, it's been announced.
A recent survey sent out by Crystal Dynamics wants to know if you'd like to see remakes, remasters, sequels, or a reboot in the franchise.
Saints Row, having launched to middling reviews and sales, has been called a polarising release by Embracer Group CEO Lars Wingefors.
Crystal Dynamics has confirmed that it has officially taken over ownership of Tomb Raider and Legacy of Kain, while Eidos Montreal has done the same for Deus Ex and Thief.
A prominent Avengers leaker suggests that Embracer Group, which has acquired Marvel's Avengers alongside its developer, is working on extending that deal with Marvel.
They form the 12th operating label under the Embracer Group, which now owns Deus Ex, Tomb Raider, Legacy of Kain, and several back-catalog titles.
After issues at Aspyr, one of Saber's Easter European studios is reportedly leading development, as per Bloomberg's Jason Schreier.
Bloomberg's Jason Schreier also feels that a release in 2024 is "wishful thinking unless they pare down the scope of the project."
The publisher considers Volition's reboot of the open world series to be "one of the most important releases in this financial year."
The project may be Aspyr's Star Wars: Knights of the Old Republic - Remake, which reportedly faced an internal delay due to development troubles.
The Embracer Group has acquired the cross-media IP rights for The Lord of the Rings, The Hobbit, and other Middle-earth-related works.
As part of its recent flurry of acquisitions, the company confirms it has also acquired Tuxedo Labs and Singtrix.
Freemode will become Embracer's 11th operating group, and will also encapsulate a number of recently announced acquisitions.
Though recent reports have claimed that Eidos Montreal is considering going back to Deus Ex, the studio seems to have other things in the pipeline before that.
Saudi Arabia has been diversifying its economy out of a dependency on oil through its investments in other areas, including video games.
Instead, the money raised by the sale will be used to strengthen the company's core gaming business segment and realign its focus for its overseas consumers.
Dubbed the Embracer Games Archive, the archive already has over 50,000 games, consoles, and accessories. The archives are also accepting contributions.
Tarsier Studios, developer of acclaimed horror platformer series Little Nightmares, seems to be ready to unveil its next title.
Gearbox has nine AAA games in the works, according to parent company Embracer Group, though it's unclear if the games under the Gearbox Publishing label are also included in that number.
