Embracer Group works on 31 AAA games, including five titles from Crystal Dynamics and Eidos Montreal

Embracer Group has presented its latest financial results and to everyone’s surprise it has not announced any new acquisitions. What it has done is reveal that it currently has 31 AAA games in development that will be available between the current fiscal year and the one that will end in March 2028. In total, the holding company works on 224 games. Embracer Group has also commented that there are five titles third party based on The Lord of the Rings on the way and with a release scheduled for the next 24 months.

The Embracer Group operating group that works on the most AAA games is Saber Interactive, a company with more than 2,500 employees and 20 studios around the world, including Madrid, which has 11 projects of this type underway. Teams like 4A Games (Metro) and Warhorse Studios (Kingdom Come) also operate under the Saber Interactive umbrella. In second place we have the 8 AAA games from Gearbox Entertainment, developer of Borderlands and the new home of Volition after the Saints Row reboot fiasco, while in third place is Plaion (formerly Koch Media) with 6 big budget projects.

Crystal Dynamics and Eidos Montreal, two teams that together with the intellectual property of Deus Ex, Thief and Tomb Raider came to Embracer Group in exchange for 300 million dollars, are working on 5 AAA games. We know at least two of these titles. One is Perfect Dark, a project financed by Microsoft and in which The Initiative is also working, and the second is the new installment of Tomb Raider to be published by Amazon Games.

Of the 31 AAA games that Embracer Group has in the works, the majority, 26, have not yet been announced, while 7 will be published by a third party, 3 have a developer that does not belong to the holding company and 24 are based on known intellectual property. What is an AAA for Embracer Group? This category is reserved for titles that can have more than 100 full-time developers, their budget of marketing is significant and is expected to sell at least 2 million units.

Regarding the 224 games that Embracer Group works on, they are divided as follows: 33 ports to new platforms, 9 DLCs, 75 AA, A or indie with a budget of less than 3.5 million euros, 76 games AA, A or indie with a budget of more than 3.5 million games and the aforementioned 31 AAA projects. Embracer Group anticipates that 94 of these games, including Dead Island 2, Remnant 2, Warhammer 40,000: Space Marine II, Alone in the Dark and Payday 3, will be available in fiscal year 2023/2024.