Embracer Reveals How Much It Paid For Lord Of The Rings Rights And New Video Game Companies

One acquisition to rule them all.

Embracer Reveals How Much It Paid For Lord Of The Rings Rights And New Video Game Companies

Swedish firm Embracer Group announced a number of new acquisitions this week, which included Limited Run Games, Singtrix, Tuxedo Labs, Tripwire Interactive, and Middle-earth Enterprises, grabbing the film and television rights to The Lord of the Rings and The Hobbit in the process. The price for this latest round of acquisitions came to SEK8.2 billion, around $770 million, although Embracer Group didn’t mention how much of that cash was spent on the purchase of Middle-earth Enterprises.

The final price of that purchase is surprising, given the lucrative nature of the Middle-earth IP on its own. The IP rights cover movie projects and television series, and Embracer mentioned in a press release that this encompasses “key upcoming works” such as Amazon series The Lord of the Rings: Rings of Power and the Warner Bros. animated film The War of the Rohirrim.

For comparison, Amazon managed to buy the TV rights for almost $250 million in 2017 and the first season of Rings of Power is reported to have cost the company $465 million to finance, but former Amazon boss Sharon Tal Yguado declared that figure to be “fake” news. The Saul Zaentz Company, which held the rights to the IP through Middle-earth Enterprises since 1976, previously estimated that the LOTR IP rights were worth $2 billion.

Embracer Group has big plans for its Tolkien acquisition, which includes “exploring additional movies based on iconic characters such as Gandalf, Aragorn, Gollum, Galadriel, Eowyn,” and other characters from the literary works. The company has embarked on a transmedia acquisition as of late, adding comic book publisher Dark Horse and board games giant Asmodee to its portfolio.

The products discussed here were independently chosen by our editors. GameSpot may get a share of the revenue if you buy anything featured on our site.

News Related

OTHER NEWS

Todd McFarlane's Spawn Movie Adds Joker, Captain America 4 Writers - IGN The Fix: Entertainment - IGN

In today’s Entertainment Fix, Todd McFarlane's Spawn movie has just gained new writers with some major comic book movie pedigree. McFarlane revealed that Scott Silver (Joker), Malcolm Spellman (The Falcon ... Read more »

The Witcher 4 and Cyberpunk 2: What We Think of CDPR’s Bold Roadmap – Unlocked 564 - IGN

We kick off this week's show with our hands-on impressions of Gotham Knights. Then, we spend the bulk of the show discussing the 10-year roadmap released by CD Projekt Red ... Read more »

The Witcher 4 and Cyberpunk 2: What We Think of CDPR’s Bold Roadmap – Unlocked 564

Plus: our hands-on impressions of Gotham Knights as its launch nears. Read more »

Estrenos de Octubre 2022 en TODAS las plataformas de streaming

Te contamos cuáles son los estrenos de octubre 2022 en Netflix, HBO Max, Disney Plus, Star Plus y Prime Video para todos esos amantes del mejor cine y series. Empezando ... Read more »

Teclado mecánico Ocelot Gaming con 17 modos RGB y precio histórico en Amazon México al usar un cupón de descuento

Teclado mecánico Ocelot Gaming con 17 modos RGB y precio histórico en Amazon México al usar un cupón de descuento Más temprano te hablamos del mouse para gaming de MSI ... Read more »

Honor Watch GS 3 im Test: Tolles Display und 10 Tage Akkulaufzeit

Für unter 200 Euro feiert Honor mit der Watch GS 3 eine gelungene Smartwatch-Premiere, die ohne die Soft- und Hardware von Huawei auskommt. Jeder Neuanfang ist Chance und Risiko zugleich. ... Read more »

James Bond, 60 años en la piel de un espía

Basado originalmente en un personaje de los libros de Ian Fleming, el agente 007 cumple este miércoles seis décadas en la industria del cine. La saga más larga de la ... Read more »

Edgar Wright Picked One of Top Gun: Maverick's Most Important Songs

Take it easy. Read more »

Samsung’s latest foldables are matching their lowest price ever

Amazon and Samsung have knocked $100 off the Z Flip 4. Both of Samsung’s foldable phones are currently matching their best prices ever. Available for $999.99 at launch, the 128GB ... Read more »

Caminhos da Reportagem estreia temporada em parceria com Sebrae

Com formato e identidade visual renovados, o Caminhos da Reportagem estreia, a partir do próximo domingo (9), às 22h, o especial Riquezas da Nossa Terra. O programa mostra produtos de todo o país que conquistaram o selo ... Read more »

Ars is full steam ahead on an Nvidia RTX 4090 GPU review—so we’re unboxing it

We can't say much yet, but heft may clarify who this $1,599-and-up GPU isn't for. Read more »

Google Stadia fans find workarounds to use controller wirelessly on other platforms

The controller can only be used wirelessly on Stadia itself Read more »

All changes to Junkrat in Overwatch 2 – buffs and nerfs

Screenshot by Gamepur There are multiple heroes in Overwatch 2 that have gone through some changes as they make from Overwatch. These changes were designed to make the game more ... Read more »

50 Prozent günstiger: E-Bikes bei Amazon, Lidl & Co.

Finde und kaufe ein E-Bike bei Lidl, Otto oder Amazon Teutoburger Senne Pedelec Citybike: E-Bike unter 800 Euro kaufen Das leichte E-Bike Senne Pedelec Citybike von Teutoburger mit tiefem Einstieg ... Read more »

Funko POP de "Baby Yoda" bajó de 899 a solo 275 pesos: la figura de 'The Mandalorian' está en su precio más bajo histórico

Funko POP de Fue apenas hace unos días que les contamos de un Funko POP de “Baby Yoda” que tiene un gran descuento en Amazon México, que además entra en ... Read more »

These Punny Knitting Mugs Are the Only Thing We Want for Christmas This Year

1) Boxer Gifts ‘Knit Happens’ Novelty Knitting Gift Mug | Light Blue Colour With Realistic Yarn Detailing | Amazing Christmas, Birthday Or Mother’s Day Gift For Her 2) The Adults ... Read more »

Kansas: analizan un dispositivo de audio hallado en el departamento de la estudiante argentina

Kansas: analizan un dispositivo de audio hallado en el departamento de la estudiante argentina Los investigadores del doble homicidio de la científica argentina Camila Behrensen y de su compañero de ... Read more »

BBC Studios Takes Full Control Of ‘Wilderness’ And ‘Wahala’ Producer Firebird Pictures

Craig Holleworth and Elizabeth Kilgarriff – Firebird Pictures Firebird Pictures BBC Studios has taken full control of Firebird Pictures, the British drama indie behind Prime Video’s Wilderness and BBC One’s ... Read more »

An appeals court rules against DACA, but the program continues — for now

A federal appeals court Wednesday, Oct. 5, 2022, ordered a lower court review of Biden administration revisions to DACA, a program preventing the deportation of hundreds of thousands of immigrants ... Read more »

How to get custom difficulty multipliers to 15x, 20x, or 24x in Phasmophobia

Screenshot by Gamepur Phasmophobia has added another layer of difficulty where you can customize how challenging a match will be against the AI ghost. Previously, players could only pick from ... Read more »

Beamer-Deals bei Amazon: So günstig kannst du dir das Kino jetzt nach Hause holen

Heimkino de luxe: 4K-Beamer jetzt mit fetten Rabatten sichern Die besten Beamer-Deals bei Amazon Amazon hat bekanntlich oft die besten Angebote. Besonders am 11. und 12. Oktober solltest du dem Online-Giganten mal einen Besuch ... Read more »

Dark Winds Season 2 - What We Know So Far

AMC Networks/YouTube We may receive a commission on purchases made from links. “Game of Thrones” writer and executive producer George R.R. Martin teamed up with “The Sundance Kid” Robert Redford to bring ... Read more »

Verdi ruft vor zweitem "Prime Day" zu Streik bei Amazon auf

Verdi ruft vor zweitem “Prime Day” zu Streik bei Amazon auf Mit Blick auf die zum zweiten Mal in diesem Jahr stattfindende Verkaufskampagne “Prime Day” beim Internethändler Amazon hat die ... Read more »

Overwatch 2's new phone requirement is locking players out: 'I can't just change my phone plan for one game'

Overwatch 2's "'SMS Protect" 2FA system is mandatory, but it won't accept prepaid phones or VOIP. Read more »

Add some close encounters to Fallout 4 with this alien invasion mod

The Zetans are finally invading the Commonwealth. Welcome them to Earth, the Fallout way. Read more »

Colombia, paraíso para los amantes de las mariposas

Entrevista con Blanca Huertas, científica colombiana investigadora del Museo de Historia Natural de Londres, quien lideró la publicación de la primera guía de “Mariposas endémicas”, que presentó ProColombia. Gracias a ... Read more »

Who lives in the Forgotten Lands pumpkin house in Dreamlight Valley?

Screenshot by Pro Game Guides Nestled in the spooky Forgotten Lands surrounded by balls of green fire lays a pumpkin house. The windows twinkle in the relative darkness of the ... Read more »

This Amazon Shower Curtain Has 5K+ Five-Star Reviews

Ceramic Counter Top Bathroom Accessory Set Round Bathroom Tray (Set of Two) Pedal Bin Wastebasket Cotton Ball Holder Jar Tassel Fabric Shower Curtain Shower Curtain Liner Shower Curtain Rings Natural ... Read more »

These Are the 16 Best Kitchen Knife Sets on Amazon

1. J.A. Henckels 15-Piece Knife Block Set 2. Cuisinart 15-Piece Kitchen Knife Set 3. AmazonBasics Premium Knife Set 4. Home Hero Stainless Steel Knife Set 5. Cuisinart C77SS Knife Set ... Read more »

Turn your old Nintendo into a word processor with this NES operating system

In context: It used to be that only computers needed operating systems. However, times have changed, and now it seems like just about every electronic device we own needs one. ... Read more »

How to complete the Apocalypse Challenge in Phasmophobia

Screenshot by Gamepur With the arrival of Halloween, Phasmophobia is celebrating the terrifying month with the Apocalypse Challenge. The Apocalypse Challenge allows you to earn trophies for your lobby room. ... Read more »

2023 Audi RS5 Competition Finally Finds Its Voice

Of the many memorable engine notes throughout history, Audi has offered up a couple of great bangers. The whoosh and warble of the turbo inline-five from the groundbreaking Quattro conjures ... Read more »

Audi RS4 Competition 2022 review

The sharpened RS4 Competition is Audi's answer to the new BMW M3 Touring, and we've put it through its paces Read more »

The 8 Best Fire Pits of 2022

Our Top Picks Best Overall: Tiki Brand 25-Inch Patio Fire Pit Best Propane Fire Pit: Endless Summer 30-Inch Outdoor Fire Pit Best Entry-Level Fire Pit: Hampton Bay Piedmont Steel Fire ... Read more »

How to make Peanut Butter Waffles in Disney Dreamlight Valley

Screenshot by Pro Game Guides Peanut butter waffles are objectively the best waffles in existence. While we can’t help you make them in real life, we’re pretty skilled when it ... Read more »

Cómo instalar aplicaciones de Android en Windows 11

Captura de pantalla: Windows Las aplicaciones de Android han llegado a Windows 11… más o menos. La función se etiqueta como una “vista previa” por el momento, y está limitada ... Read more »

Maison intelligente : pourquoi le nouveau hub IKEA coûte-t-il deux fois plus cher ?

IKEA Dirigera © © IKEA © IKEA Le célèbre vendeur de meubles suédois devrait proposer sa prochaine passerelle dès le mois de novembre prochain. IKEA avait lancé il y a ... Read more »

Who is Man-Thing - the powers, enemies, and history of the Werewolf By Night Marvel monster

Soon the MCU will burn at the Man-Thing's touch - but what the hell is Man-Thing and what's his surprising connection to Captain America? Read more »

All changes to Pharah in Overwatch 2 – buffs and nerfs

Screenshot by Gamepur With the change from the first Overwatch to Overwatch 2, many of the heroes in the game have had a handful of adjustments done to their kit. ... Read more »

Don't expect a NetherRealm announcement anytime soon

Mortal Kombat is turning 30 years old this week and there will be celebrations, but no new game announcement. Read more »
Breaking thailand news, thai news, thailand news Verified News Story Network