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You might think the failure of Embracer would maybe make regulators start acting on the mass conglomerization of media companies instead of hand waving everything through assuming the free market will provide.
Most of the companies’ Embracer is closing aren’t even unprofitable. They were/are doing fine even if their games weren’t big hits. Embracer just can’t pay its bills.
Unfortunately, I doubt it’ll have much of an impact. Most of the properties/studios Embracer owns aren’t popular enough to get people to make noise about it. And people don’t tend to see the bigger picture - especially when these stories about studio closures are trickling out rather than all happening at once. I’m sure there’ll be a lot of talk about it if something happens to do with Gearbox/Borderlands or The Lord Of The Rings, or if multiple studios all get shuttered at once, but other than that, I expect it’ll just be small stories that continue to fly under the radar.
And regulators don’t seem to care about video games unless people make noise. They get involved in things like loot box regulations or Microsoft acquiring Activision because those are big deals that almost everyone in the gaming sphere has an opinion on. But unfortunately, I don’t see Piranha Bytes having issues or being closed getting enough attention for anything to change.
Piranha Bytes issued an official statement here
Pic if you don’t want to click:
Not unexpected, but sad. Hope they make it. ELEX is a mess, but there is definitely still hope
Aw man… I know that Elex has problems and stuff but it is and always will be one of my all-time favorite open world games. It’s probably the insane mix of science fiction stuff mixed with Mad Max style stuff mixed with fantasy stuff. It’s definitely a game done by people who really cared! And if they have to shut down, the gaming landscape will lose a unique voice!
The games aren’t award winning but I genuinely enjoy their games so I hope they don’t get fucked over by a shitty overseer company
Gothic 1 and especially 2 were absolute gems. Clunky as all fuck - especially the first one - but they were hugely impactful on me and way ahead of their time. The soundtrack from Gothic 2 still lingers in me today and makes me feel the way it made me feel even then.
https://youtu.be/HZ1tyNFODM4?si=MrGAcBmTJlaI9i4w
The meadows in Valheim also bring me back to Khorinis.