
Saints Row is an open-world crime game franchise owned by Embracer Group AB (Nasdaq Stockholm: EMBRAC B) and managed under its Deep Silver publishing label. Created by Volition in 2006, the series spans six main entries including the 2022 reboot. Volition closed in 2023, and the IP is moving to Embracer's Fellowship Entertainment division in 2027.
Parent Company
Acquired
2013
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Saints Row | Embracer Group AB | Wholly owned |
Volition, founded in 1993 in Champaign, Illinois, created Saints Row for publisher THQ as an Xbox 360 exclusive in August 2006. Positioned as a crime sandbox in the mold of Grand Theft Auto, it distinguished itself with character customization and faction warfare. The first game sold well enough to greenlight a sequel.
Saints Row 2 (2008) deepened the formula. Saints Row: The Third (2011) pushed the series into exaggerated comedy and became its commercial peak, and Saints Row IV (2013) turned the player into a superpowered US President inside a simulation. The standalone expansion Gat out of Hell followed in 2015. Each entry moved further from the grounded crime story of the original.
THQ's January 2013 bankruptcy sent the studio and IP to Koch Media's Deep Silver for $22.3 million. The spin-off Agents of Mayhem (2017), set in the same universe, sold poorly, and the series went quiet for five years.
Embracer acquired Koch Media in 2018. Volition pitched a reboot, and the new Saints Row launched in August 2022 for PlayStation, Xbox, and PC, restarting the story with a new cast of young criminals. The reboot received mixed reviews and commercially disappointed; Embracer later described it as a flop and closed Volition in August 2023, ending 30 years of operation for the studio.
Since then the franchise has been dormant. Former design director Chris Stockman pitched a roots-focused revival in late 2025 and publicly described the series as dead in early 2026. Embracer's May 2026 investor letter named Saints Row among IPs it would consider for external partnership development, keeping a possible return open without committing to one.
Who owns Saints Row?
The Saints Row franchise is owned by Embracer Group AB and managed under the Deep Silver publishing label within its Plaion business. The IP is expected to move to Fellowship Entertainment, the division Embracer plans to list separately on Nasdaq Stockholm in 2027.
Is Embracer Group publicly traded?
Yes. Embracer Group trades on Nasdaq Stockholm under the ticker EMBRAC B. It was founded by Lars Wingefors, who remains chairman and the largest shareholder.
What happened to Volition, the Saints Row developer?
Embracer closed Volition in August 2023 as part of a company-wide restructuring after the 2022 Saints Row reboot underperformed. The Saints Row IP stayed with Embracer's Deep Silver label, and no internal studio currently develops the series.
When was Embracer Group founded?
The company traces to Nordic Games Licensing, founded by Lars Wingefors in 2008 in Karlstad, Sweden. It was renamed THQ Nordic AB in 2016 and Embracer Group in 2019.
What is Embracer Group's revenue?
For fiscal year 2025/26 ended March 31, 2026, Embracer reported net sales of SEK 15,906 million and adjusted EBIT of SEK 905 million. Results exclude Coffee Stain Group, which was spun off in December 2025.
What is Fellowship Entertainment?
Fellowship Entertainment is the Embracer division that holds the group's major IP, including The Lord of the Rings, Tomb Raider, Kingdom Come, Dead Island, and Saints Row, plus the Plaion publishing business and Deep Silver. Embracer plans to list it separately on Nasdaq Stockholm during calendar year 2027.
The franchise's biggest controversy is the fate of Volition itself. The 2022 reboot underperformed commercially and critically, and Embracer's group-wide restructuring closed the studio in August 2023, drawing criticism that the publisher's management, including a reported push toward the reboot concept, contributed to the failure for which the developers paid with their jobs.
The series also carried persistent criticism through the 2010s for its escalating crude humor and for moving away from the relatively grounded crime tone of the first two games, a debate that split the fan base and resurfaced during revival discussions in 2025 and 2026.
Broader ownership controversy attaches to Embracer, including the collapse of a $2 billion Saudi-backed deal in 2023 that triggered the restructuring, and criticism over a Saudi Public Investment Fund subsidiary holding an ownership stake in the group.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Take Two Interactive | USA | 1997 | Premium | Global | All Genders | |
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| Microsoft | USA | 2003 | Premium | Global | All Genders |
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Market Positioning: Saints Row competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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