• Latest
  • Trending
Embracer Group acquiring rights to Lord of the Rings and Hobbit IP, plus more

Embracer Group acquiring rights to Lord of the Rings and Hobbit IP, plus more

September 7, 2022

‘Hokkyoku Hyakkaten no Concierge-san’ Unveils Additional Cast

June 26, 2023

‘Konyaku Haki sareta Reijou wo Hirotta Ore ga, Ikenai Koto wo Oshiekomu’ Reveals Pair of Additional Cast

June 26, 2023

‘Yuzuki-san Chi no Yonkyoudai.’ Unveils Main Cast, Additional Staff, Teaser Promo

June 26, 2023

Amy Schumer’s Netflix Special Includes Alec Baldwin ‘Rust’ Shooting Joke After the Oscars Wouldn’t Let Her Make One

June 26, 2023
Al Roker’s Latest Project Examines Struggles of Black Farmers

Al Roker’s Latest Project Examines Struggles of Black Farmers

June 26, 2023
David Fincher, Judy Baca to Be Honored at LACMA Art+Film Gala

David Fincher, Judy Baca to Be Honored at LACMA Art+Film Gala

June 26, 2023
‘They Cloned Tyrone’ Trailer: Jamie Foxx and John Boyega Join Forces in Netflix’s Science-Fiction Mystery

‘They Cloned Tyrone’ Trailer: Jamie Foxx and John Boyega Join Forces in Netflix’s Science-Fiction Mystery

June 26, 2023
New BBC Chair Must Have ‘Demonstrable Experience,’ Hiring Process Must be ‘Transparent’ Director General Tim Davie Says

New BBC Chair Must Have ‘Demonstrable Experience,’ Hiring Process Must be ‘Transparent’ Director General Tim Davie Says

June 26, 2023
RPG Cast – Episode 670: “Press F for E3”

RPG Cast – Episode 670: “Press F for E3”

June 26, 2023
How To Get Excalibur In Final Fantasy 16

How To Get Excalibur In Final Fantasy 16

June 26, 2023
How Phantom Liberty Rewrites Cyberpunk 2077’s DNA

How Phantom Liberty Rewrites Cyberpunk 2077’s DNA

June 25, 2023
The Ouya Dared To Imagine An Independent Game Console

The Ouya Dared To Imagine An Independent Game Console

June 25, 2023
Retail
Thursday, September 28, 2023
Submit/Manage Your own Posts
  • Login
  • Register
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports
No Result
View All Result
Live24x7.news
No Result
View All Result

Embracer Group acquiring rights to Lord of the Rings and Hobbit IP, plus more

by admin
September 7, 2022
in Entertainment
0
Embracer Group acquiring rights to Lord of the Rings and Hobbit IP, plus more

YOU MAY ALSO LIKE

‘Hokkyoku Hyakkaten no Concierge-san’ Unveils Additional Cast

‘Konyaku Haki sareta Reijou wo Hirotta Ore ga, Ikenai Koto wo Oshiekomu’ Reveals Pair of Additional Cast




Embracer Group is to buy Middle-earth Enterprises, which will give the Swedish conglomerate the rights to JRR Tolkien’s The Lord of the Rings and The Hobbit.


In a press release, Embracer discussed its process of buying Middle-earth Enterprises, although it did not disclose the sum of this deal, citing “commercial reasons” for this decision.


This deal will mean that Embracer will own the rights to motion pictures, video games, board games, merchandising, theme parks and stage productions relating to Tolkien’s works.

Eurogamer Newscast: Are Sony and Microsoft’s squabbles over Call of Duty just business as usual?


On this, Embacer said this deal will open up opportunities to explore “additional movies based on iconic characters such as Gandalf, Aragorn, Gollum, Galadriel, Eowyn and other characters from the literary works of JRR Tolkien, and continue to provide new opportunities for fans to explore this fictive world through merchandising and other experiences.”


When the ink is dry, Embracer states Middle-earth Enterprises will be a part of the “newly founded operative group Embracer Freemode”.


The company will then continue to operate independently “under the existing Middle-earth Enterprises leadership team”.



In addition to this acquisition, today also sees Embracer acquiring other studios, including its first Japanese studio in Masahiro Yuge’s Tatsujin, which owns the entire Toaplan library.


Embracer is also adding Tripwire Interactive (whose games include shark survival game Maneater and first-person shooter Killing Floor), Limited Run Games, Tuxedo Labs and Singtrix to its acquisition spree.


In addition to this, the company has also acquired another undisclosed studio. This “PC/console gaming” studio is remaining a mystery for now, with the company once more citing this is for commercial purposes.


On this, Embracer said: “The purchase price for this un-disclosed acquisition is in the range of being among either third or fourth largest of the transactions.”


Earlier this year, Embracer also entered into a deal with Square Enix, the result of which will see the company owning Crystal Dynamics, Eidos Montreal and Square Enix Montreal, as well as IPs including Tomb Raider, Deus Ex, Thief and Legacy of Kain when the deal is finalised (which is set to be this September).

Embracer has promised “multiple” announcements at Gamescom – perhaps we’ll hear more about some of these projects then.

Read More
Photo Credit: Pixabay

Tags: EmbracerGroup
ShareTweet
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports
Email:live24x7.news.official@gmail.com Call/Whatsapp us: +91 9961702230

© 2022 Live24x7.news

No Result
View All Result
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports

© 2022 Live24x7.news

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In