This development had been rumored for a while in the industry, particularly after Dark Horse had hired an investment advisor to investigate market opportunities
among others; and Thing from Another World, a retailer with three physical locations and an online presence.
Based on the figures quoted in the announcement, Dark Horse generated just under $100M in revenue in 2021, with EBIT of around $14 million. Embracer projects earnings to grow to about $22 million by FY 23/24, as a result of synergies between Dark Horse IP and the capabilities of the other 9 gaming and entertainment companies in Embracer’s portfolio.
Embracer Group sees the deal as key to “strengthen[ing] its transmedia capabilities by adding expertise in content development, comics publishing, and film & TV production.” Though Dark Horse is known for its policy of empowering creator ownership, the company owns or controls more than 300 IPs, many of which Embracer Group sees as “attractive for future transmedia exploitation, including creation of new video games.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
James Webb Space Telescope could shed light on dark matter and dark energyThe telescope that has been decades in the making could help astronomers solve some of the Universe's biggest mysteries.
Read more »
Mackenzie Davis on ‘Station Eleven,’ ‘Terminator: Dark Fate’ and Furiosa DreamsMackenzie Davis says she would have loved to play Furiosa in George Miller's upcoming film: “I was just like, ‘Agh, I would love to do that.’ And then it was obviously cast with Anya Taylor-Joy, who is unbelievable, but I definitely was like, ‘NOOO!’”
Read more »
Grimes Duels a Dark King With Chess Pieces, Lightsabers in 'Player of Games' VideoGrimes goes toe-to-toe with a Dark King in the sci-fi fantasy video for her recent single, 'Player of Games.'
Read more »
Today’s Hoda Kotb Reveals Dark Hair Transformation After 'Happy Accident' - E! OnlineThanks to a little beauty mishap, Today co-host Hoda Kotb is showing off her brand-new look. See the morning anchor in action with her fresh, dark hair transformation.
Read more »
11 Super Dark Movie Endings That Got Changed At The Last Minute To Keep Audiences From RevoltingNobody loves a happy ending like a studio test audience.
Read more »
Can Dark Mode Help Protect Your Eyes? Will It Improve Your Sleep? We Asked ExpertsDark Mode offers no benefits for your eyes, because blue light isn't damaging, but experts say using Dark Mode may help improve your sleep.
Read more »