Embracer leans on back catalogue as game delays shake industry profits

Q: How long will it take to read this news story?

The story "Embracer leans on back catalogue as game delays shake industry profits" has 454 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Embracer leans on back catalogue as game delays shake industry profits" was covered 8 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 59 news stories per day. It's most recent story was published 38 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28902993</li><li>URL: https://mysql3.beamstart.com/news/embracer-leans-on-back-catalogue-17479034021167</li></ul>

Channel News Asia Logo Channel News Asia 8h ago

Embracer leans on back catalogue as game delays shake industry profits - Channel News Asia

Quick Summary:

Tomb Raider owner Embracer is leaning on its back catalogue to maintain cash flow while fewer AAA games are being released, but this is not a long-term shift, CEO Lars Wingefors said on Thursday.

"I think it's more important than ever to make sure the game is polished because it's very hard to repair a buggy or unfinished product," Wingefors told Reuters.

FILE PHOTO: Embracer Group's computer games are seen in Karlstad, Sweden March 8, 2021.