Loading...
Market
Asmodee Group outperforms other Embracer split entities by end of 2024?
5
Embracer Group•Swedish•Lord of the Rings•Tomb Raider•Asmodee Group•Dark Horse•Plaion Pictures•Anime Limited•Embracer
Resolution / Starting Odds
Yes • 50%
No • 50%
Stock market data from financial news outlets like Bloomberg or Reuters
Story
Embracer Splits into Three, Gains New Financing, Stock Up 18%
Apr 22, 2024, 07:42 AM
Embracer Group, the Swedish gaming conglomerate known for owning titles like 'Lord of the Rings' and 'Tomb Raider', announced plans to split into three separate publicly traded companies, with new financing in place. The restructuring will result in the formation of Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends, the latter of which will own Dark Horse and Plaion Pictures, owner of Anime Limited. This strategic move is aimed at enhancing focus on their respective areas: tabletop games, indie and AA games, and AAA titles. The decision comes as Embracer seeks to manage its finances better, with reports indicating the company is aiming to address its debt. Following the announcement, Embracer's stock price surged by up to 18%.
View original story
Similar markets
Asmodee Group • 33%
Coffee Stain & Friends • 33%
Middle-earth Enterprises & Friends • 33%
Asmodee Group • 33%
Coffee Stain & Friends • 33%
Middle-earth Enterprises & Friends • 33%
Increase by 10% or more • 33%
Increase by less than 10% • 33%
Decrease • 34%
Outperforms • 33%
Matches • 33%
Underperforms • 33%
High Confidence • 33%
Moderate Confidence • 33%
Low Confidence • 34%
Top performer • 33%
Average performer • 34%
Below average performer • 33%
Less than $500 million • 25%
$500 million - $1 billion • 25%
$1 billion - $1.5 billion • 25%
More than $1.5 billion • 25%