Embracer Group's Plans for Lord of the Rings Worries Fans as Studios Close and Games are Cancelled

Embracer Group, the parent company of THQ Nordic and Gearbox Software, has closed multiple studios and cancelled several games in an effort to streamline operations and focus on profitable projects. The company did not disclose which studios were affected or which games were cancelled, but stated that the decisions were made to ensure long-term success and profitability.