- Embracer was in 1.5 billion USD of debt as of december
- Embracer's goal is to reduce that figure to 750 million USD by the end of this month, but they consider it "unlikely"
anyway with that info in mind, I guess they sold gearbox
- she/her
- auratriolo.com/
Animation Lead on Wanderstop! She/Her & Transgenderrific! Past: Radial Games, Gaslamp Games
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in reply to @MOOMANiBE's post:
who knew that the strategy of buying everything all at once might have some downsides
So their strategy really was "Let's load up on debt by buying every studio and IP we can and then get Saudi Arabia to bail us out."