Former Embracer CEO says Fellowship Entertainment spin-off is the "most effective long-term solution"
Lars Wingefors, former CEO of Embracer Group, has announced that spinning off Fellowship Entertainment is the best long-term strategy for realizing the potential of its intellectual properties. In a letter to shareholders, he emphasized the need for focused management to enhance the value of key franchises like Kingdom Come: Deliverance and Tomb Raider. Wingefors believes that this move will lead to improved profitability and growth for Fellowship Entertainment while maintaining efficient corporate costs.
- ▪Lars Wingefors stated that the spin-off of Fellowship Entertainment is the most effective long-term solution.
- ▪Fellowship Entertainment will focus on key IPs including Kingdom Come: Deliverance and Tomb Raider.
- ▪Wingefors believes the assets held by Fellowship are among the most undervalued in the industry.
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| Publication time | Wed, 20 May 2026 13:26:39 +0000 |
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Home News Former Embracer CEO says Fellowship Entertainment spin-off is the "most effective long-term solution" In an open letter to shareholders, Lars Wingefors says move is key to realising "full potential" of "undervalued" IPs Image credit: Embracer Group <img alt="Sophie McEvoy avatar" src="https://assetsio.gnwcdn.com/IMG_6233-copy.jpeg?width=2048&height=2048&fit=bounds&quality=85&format=jpg&auto=webp" style="aspect-ratio: 1" width="1483" height="1412" > News by Sophie McEvoy Staff Writer Published on May 20, 2026 Follow Embracer Group Embracer Group's former CEO Lars Wingefors has stated that the decision to spin off Fellowship Entertainment "represents the most effective long-term solution." After stepping down as CEO last June, Wingefors, now chair of the board,…
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