How Embracer's cuts killed a potential Red Faction sequel and gutted a promising studio

But several people also noted that the games industry goes through cycles of mass layoffs, because simply having a stable business isn't enough for investors. Revenues must grow by a chunky margin: if they don't, costs must be cut. Embracer's mishandling of their business might be grotesque, but it's business as usual nonetheless. "We make a shitload of money, but it doesn't go back into the games," one person commented. "It goes into a lot of now very wealthy peoples' pockets, and the people who actually make the games kind of scrape by, most of the time."

late stage capitalism

Doed Embracer own all their IPs now ?