Wednesday, 20 May 2026
Game News Round-Up
Daily curated games-industry news digest for 20 May 2026.
General2 stories
Free Games / Subscription1 story
Business2 stories
Embracer announces plan to split into 2 companies, as Tomb Raider and LoTR spun off
- Fellowship Entertainment is planned to be established in 2027 and will be an “IP-led” entertainment company built around the development, publishing, and licensing of games, with a single, centralized business plan.
- The new company will take over stewardship of The Lord of the Rings IP, and game franchises such as Tomb Raider, Darksiders, Dead Island, Kingdom Come Deliverance, Metro, and Remnant.
- Embracer says Fellowship will ‘more actively’ explore Deus Ex, TimeSplitters, Legacy of Kain and Saints Row partnerships (developed by external partners)