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Ep 04 - The Hot Wizards Are Smoking

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Embracer's Acquisition of Lord of the Rings

Embracer has been, yes, for a number of years, making just endless acquisitions. Even things that don't rate all that highly financially are the sort of things that if you had access to the easy cash that Embracer does due to their fast access to cash. In addition to their CEO being singularly kind of rich themselves as a result of a bunch of like retail success that happened in like the 90s and the 2000s. The question has always been, all right, so you bought, let's just say 150 studios. I have no idea. I don't have the number and phony, but it's a lot. And they can't they cancel the bad bunny

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