Embracer Group Divestitures
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Embracer Group is restructuring! Arc Games and Cryptic Studios are being divested to Project Golden Arc, Inc., backed by SD Inc., for around $30 million. Meanwhile, the Remnant franchise is moving to THQ Nordic, and Fellowship will join Coffee Stain Group. By the end of 2025, Coffee Stain will spin off and Embracer will rebrand as Fellowship Entertainment, uniting top studios under a new creative umbrella.