Embracer Keeps Spending: Buys Lord of the Rings IP Rights, Tripwire Interactive & More

Embracer Keeps Spending: Buys Lord of the Rings IP Rights, Tripwire Interactive & More

Embracer Group, the parent company of a large and growing list of studios and publishers including THQ Nordic, Gearbox, Plaion (formerly Koch Media), and Saber Interactive, has announced that it will acquire Middle-earth Enterprises, which basically means it owns the rights of intellectual property of The Lord of the Rings, The Hobbit and a lot of other things related to Middle-earth that the company does not even know about yet. The purchase price is not disclosed “due to commercial reasons”.

To be clear: the acquisition will not mean that Embracer Group will own the actual literary works of JRR Tolkien, which will remain the property of the Tolkien Estate. It means that Embracer Group will own the company that owns the rights to adapt those books into movies, video games, plays, place mats, Funko Pops… that kind of thing. If the acquisition is successful, Embracer will adopt Middle-earth Enterprises from The Saul Zaentz Company.

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