Embracer Group

Take-Two Interactive Software, Inc. to Acquire The Gearbox Entertainment Company Inc., Developer of Highly Successful Borderlands Franchise

Retrieved on:

Thursday, March 28, 2024

Software, Technology, Consumer Electronics, Gearbox Software, TTWO, KPMG, Growth, Homeworld, Risk, Embracer Group, LLP, Acquisition, Take-Two Interactive, Happiness, Creativity, Intellectual property, Multimedia, Willkie Farr & Gallagher, Brother

Take-Two Interactive Software, Inc. (NASDAQ:TTWO), one of the largest interactive entertainment companies in the world, announced that it has entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company, an award-winning creator of industry-defining entertainment experiences, for $460 million.

Key Points:

Take-Two Interactive Software, Inc. (NASDAQ:TTWO), one of the largest interactive entertainment companies in the world, announced that it has entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company, an award-winning creator of industry-defining entertainment experiences, for $460 million.
The purchase price assumes a debt-free, cash-free company with a normalized level of net working capital (excluding cash) at the time of the closing of the acquisition.
View the full release here: https://www.businesswire.com/news/home/20240327928202/en/
Take-Two expects the transaction to deepen its successful relationship with Gearbox Entertainment and to provide increased financial benefits through a fully-integrated operational structure.
We set the bar for interactive entertainment and achieved remarkable results with groundbreaking, record-setting games when we worked together at arm's length as partners.

Board Games Market size to grow by USD 3.42 billion from 2022 to 2027, Market is fragmented due to the presence of prominent companies like Atlas Games, Alderac Entertainment Group and Berkshire Hathaway Inc., and many more - Technavio

Retrieved on:

Friday, January 5, 2024

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The board games market is estimated to grow by USD 3.42 billion from 2022 to 2027, growing at a CAGR of 7.55%.

Key Points:

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The board games market is estimated to grow by USD 3.42 billion from 2022 to 2027, growing at a CAGR of 7.55%.
The board games market is fragmented owing to the presence of many global and regional companies.
CMON Ltd. - The company offers Mayhem board games, such as Looney Tunes and Teen Titans Go.
The toys and games market is estimated to grow at a CAGR of 8.1% between 2022 and 2027.

Manga Market to grow by USD 14.88 billion from 2023 to 2028; Akita Publishing Co. Ltd., Archie Comics Publications Inc., Bilibili Inc., and more among key companies - Technavio

Retrieved on:

Tuesday, November 14, 2023

Titan, Attention, Comics, Book, Draw, USD, SelfMadeHero, Penguin Random House, Shogakukan, Houbunsha, Kodansha, Geography, Embracer Group, Fantasy, Publishing, Tuttle Publishing, Growth, Sport, Retail

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- The manga market is expected to grow by USD 14.88 billion from 2023 to 2028.

Key Points:

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- The manga market is expected to grow by USD 14.88 billion from 2023 to 2028.
In addition, the growth momentum of the market will progress at a CAGR of 15.89% during the forecast period, according to Technavio.
However, factors such as Growing incidents of manga piracy may impede market growth.
The book market size is estimated to grow by USD 33.21 billion at a CAGR of 5.43% between 2022 and 2027.

Gamers8: Games industry giants gather in Riyadh to shape the future of the sector at the Next World Forum

Retrieved on:

Thursday, August 17, 2023

Land, NWF, Season, International, Four Seasons Hotels and Resorts, StarCraft, Dota 2, Royal Highness, Next, Name, Dota, Public Investment Fund, Embracer Group, President of the International Olympic Committee, The Land of Heroes, Video game, Esports

Organized by the Saudi Esports Federation , The Next World Forum caps off the latest hugely successful Gamers8: The Land of Heroes, which culminates on August 31st and is the biggest esports and entertainment event in the world.

Key Points:

Organized by the Saudi Esports Federation , The Next World Forum caps off the latest hugely successful Gamers8: The Land of Heroes, which culminates on August 31st and is the biggest esports and entertainment event in the world.
The forum is designed to shape the sector's future through knowledge exchange, discourse, and debate and aims to highlight the sector's potential to generate revenue and create jobs, both for businesses and for governments.
His Royal Highness added: "The Next World Forum is the perfect opportunity to determine the course of action required to stay ahead of the curve in this rapidly evolving industry.
By bringing together delegates with a range of ideas, experiences, and perspectives, we can both contemplate the present and collaborate on the future."

Gamers8: Games industry giants gather in Riyadh to shape the future of the sector at the Next World Forum

Retrieved on:

Thursday, August 17, 2023

Organized by the Saudi Esports Federation , The Next World Forum caps off the latest hugely successful Gamers8: The Land of Heroes, which culminates on August 31st and is the biggest esports and entertainment event in the world.

Key Points:

Organized by the Saudi Esports Federation , The Next World Forum caps off the latest hugely successful Gamers8: The Land of Heroes, which culminates on August 31st and is the biggest esports and entertainment event in the world.
The forum is designed to shape the sector's future through knowledge exchange, discourse, and debate and aims to highlight the sector's potential to generate revenue and create jobs, both for businesses and for governments.
His Royal Highness added: "The Next World Forum is the perfect opportunity to determine the course of action required to stay ahead of the curve in this rapidly evolving industry.
By bringing together delegates with a range of ideas, experiences, and perspectives, we can both contemplate the present and collaborate on the future."

The Lord of the Rings: Tales of Middle-earth™ Now Available

Retrieved on:

Monday, June 26, 2023

View the full release here: https://www.businesswire.com/news/home/20230626833413/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20230626833413/en/
With The Lord of the Rings: Tales of Middle-earth™, players will join the Fellowship and relive or create their journey through Middle-earth.
“Much like The Lord of the Rings, Magic: The Gathering is about fellowship,” said Bill Rose, global play lead for Magic: The Gathering.
The One of One Ring Promotion is an extraordinarily rare promotion only for The Lord of the Rings: Tales of Middle-earth™.
The Lord of the Rings: Tales of Middle-earth™ is also available now on Magic: The Gathering Arena in Alchemy and Historic formats.

Wilbur Smith IP Rights up for sale - ACF Investment Bank have been hired to handle the sale process

Retrieved on:

Wednesday, May 17, 2023

He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.

Key Points:

He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.
The Wilbur Smith Estate (Leopard Rock Studios) has hired ACF Investment Bank ("ACF") the global media and entertainment investment bank, and brokers of The Saul Zaentz company in the sale of "The Lord of the Rings and The Hobbit Intellectual Property to Embracer Group, to handle the sale process which kick-started this week.
They have already started contacting the logical international buyers and expect a strong response to this huge library of IP.
Wilbur Smith's early foray from page to screen in the 1990's demonstrates the viewer appetite.

Wilbur Smith IP Rights up for sale - ACF Investment Bank have been hired to handle the sale process

Retrieved on:

Wednesday, May 17, 2023

He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.

Key Points:

He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.
Wilbur Smith IP Rights up for sale - ACF Investment Bank have been hired to handle the sale process.
The Wilbur Smith Estate (Leopard Rock Studios) has hired ACF Investment Bank ("ACF") the global media and entertainment investment bank, and brokers of The Saul Zaentz company in the sale of "The Lord of the Rings and The Hobbit Intellectual Property to Embracer Group, to handle the sale process which kick-started this week.
They have already started contacting the logical international buyers and expect a strong response to this huge library of IP.

Thunderbird Entertainment Appoints ACF Investment Bank to Evaluate and Assist With Strategic Alternatives

Retrieved on:

Monday, May 15, 2023

Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”), a global award-winning, full-service multiplatform production, distribution and rights management company, today announced that it has engaged ACF Investment Bank (“ACF”) as part of the Company’s strategic review process of assessing all opportunities to maximize shareholder value.

Key Points:

Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”), a global award-winning, full-service multiplatform production, distribution and rights management company, today announced that it has engaged ACF Investment Bank (“ACF”) as part of the Company’s strategic review process of assessing all opportunities to maximize shareholder value.
ACF specializes in selling, buying, fundraising, securitization, and pre/post deal services for brands and businesses in media and entertainment.
Thunderbird is one of the leading players in this market and is an award-winning producer with an exceptional portfolio of productions, team and talent.
Working with ACF maintains alignment with the Cooperation Agreement, while providing the Company with an important next step in support of its growth trajectory.

Amazon Games and Embracer Group’s Middle-earth Enterprises Strike Deal for New The Lord of the Rings Game

Retrieved on:

Monday, May 15, 2023

Amazon Games and Embracer Group, through its wholly owned subsidiary Middle-earth Enterprises, part of the operative group Freemode, today announced they have reached an agreement for Amazon Games to develop and publish a new massively multiplayer online (MMO) game based on The Lord of the Rings by J.R.R.

Key Points:

Amazon Games and Embracer Group, through its wholly owned subsidiary Middle-earth Enterprises, part of the operative group Freemode, today announced they have reached an agreement for Amazon Games to develop and publish a new massively multiplayer online (MMO) game based on The Lord of the Rings by J.R.R.
The game is in early stages of production, with the Amazon Games Orange County studio—makers of the popular open-world MMO game New World—leading development.
“We’re committed to bringing players high-quality games, whether through original IPs or long-beloved ones like The Lord of the Rings,” said Christoph Hartmann, VP, Amazon Games.
Separately, Amazon Studios produces the hit series The Lord of the Rings: The Rings of Power for Prime Video, which takes place during Tolkien’s Second Age of Middle-earth and is unrelated to this upcoming MMO game in development with Amazon Games.