Embracer goes on spending spree: buys Lord of the Rings IP rights, Tripwire Interactive, and more

Embracer Group, the parent company for a vast and expanding roster of studios and publishers including THQ Nordic, Gearbox, Plaion (formerly Koch Media) and Saber Interactive, has announced it will acquire Middle-earth Enterprises, which basically means it owns IP rights for The Lord of the Rings, The Hobbit, and a bunch of other Middle-earth related stuff the company doesn’t even know about, yet. The purchase price is undisclosed “due to commercial reasons”. 

To be clear: the acquisition won’t mean Embracer Group will own J.R.R. Tolkien’s actual literary works, which remain the property of the Tolkien Estate. It means Embracer Group will own the company which owns the rights to adapt those books into films, videogames, stage plays, placemats, Funko Pops… that sort of thing. If the acquisition is successful, Embracer will adopt Middle-earth Enterprises from The Saul Zaentz Company.

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