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Embracer Group is splitting up its messy gaming empire into three different companies

Embracer Group has announced plans to split into three separate, publicly listed entities, following an epic losing streak.

Embracer Group Splitting Into Three Standalone Publicly Listed Companies

These are Asmodee Group, Coffee Stain and Friends and Middle-earth Enterprises and Friends (which Embracer is being renamed to).

Embracer Reveals What's Next For Its Crumbling Gaming Empire

The Swedish holding company is splitting up what remains of its gaming empire

'Tomb Raider' games owner Embracer splits into three companies

Embracer CEO Lars Wingefors hopes to stick around until at least 2041

Fresh from cutting 1,400 jobs and shuttering numerous Embracer studios, Wingefors reassures investors he's here for the long haul.