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Fellowship Entertainment,[1] recently known as Embracer Group, is the parent company of businesses developing and publishing games of various types and other media properties. With its head office based in Karlstad, Sweden. The umbrella company has a global presence through its operative groups: 4A Games, Aspyr Media, CrazyLabs, Crystal Dynamics, Dambuster Studios, Dark Horse, DECA Games, Eidos-Montréal, Flying Wild Hog, Gunfire Games, Limited Run Games, Middle-earth Enterprises, Milestone, PLAION, Tarsier Studios, THQ Nordic, Tripwire Interactive, Vertigo Games, and Warhorse Studios amongst more than 40 other companies[2] (such as Amplifier Game Invest).[3] Previously they also included recently divested or spun off:[1] Coffee Stain,[2] Saber Interactive,[4] Gearbox Entertainment,[5] Easybrain,[6] and Asmodee[7] (merged with Fantasy Flight Games).[8] Circa 2022, the company had 120 internal game development studios and more than 12,750 employees and contracted employees in more than 40 countries,[9] but as of 2025 those numbers have been substantially reduced.

In August 2022, they acquired Middle-earth Enterprises which included the licensing rights to The Hobbit and The Lord of the Rings.[9]

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