Embracer Group AB is a global video game and media holding company that develops and publishes PC, console, and mobile games, alongside other entertainment media. The company operates through a decentralized model with multiple operative groups, including THQ Nordic, PLAION, Coffee Stain, DECA Games, Dark Horse, Freemode, and Crystal Dynamics – Eidos. Embracer's business model centers on acquiring and developing intellectual properties and game studios, boasting a portfolio of over 400 owned or controlled franchises such as Tomb Raider, The Lord of the Rings, Metro, and Darksiders. For the fiscal year 2024/2025, the company reported net sales of SEK 22.37 billion, with revenue segments broken down into PC/Console Games (47%), Mobile Games (24%), and Entertainment & Services (29%). Recently, the company began reporting under two new operating segments—Fellowship Entertainment and Embracer—as it prepares for the planned spin-off of Fellowship Entertainment in 2027. The company has a significant global footprint, engaging thousands of employees across numerous internal game development studios in nearly 30 countries.