Every Spin-Off
Fellowship Entertainment
AnnouncedEUEmbracer's IP-led games unit: studios such as Crystal Dynamics, Eidos-Montréal, Warhorse, 4A Games, Dambuster and Middle-earth Enterprises, with IP including The Lord of the Rings, Tomb Raider, Metro and Kingdom Come Deliverance; about SEK 4.4bn of FY2025/26 sales. Embracer keeps THQ Nordic, PLAION Partners, Milestone and other entrepreneur-run companies.
- Status
- Announced
- Expected
- 2027
- Parent
- Embracer Group (EMBRACB SS)
- Spin-off ticker
- To be announced
- Listing
- Nasdaq Stockholm
- Market
- Europe
Terms
Lex Asea dividend of all Fellowship Entertainment shares to Embracer shareholders, replicating the A/B share structure; listing on Nasdaq Stockholm in calendar 2027. Needs approval at an Embracer general meeting (date not set).
Key dates
- Intent announced
- Planned listing
Source documents
- Press releaseEmbracer announces intention to spin off Fellowship Entertainment on Nasdaq Stockholm (20 May 2026)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- SourceEmbracer spin-off page (Fellowship Entertainment)
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