Publisher: Shrawan Kumar
The Lord of the Rings is one of the most popular media franchises ever.
Embracer Group has entered an agreement to acquire the IPs for The Lord of the Rings and The Hobbit.
Of course, The Lord of the Rings is widely regarded as one of the greatest and most influential film series ever made.
It was a major financial success and is among the highest-grossing film series of all time with $2.991 billion in worldwide receipts.
It was a major financial success and is among the highest-grossing film series of all time with $2.991 billion in worldwide receipts.
The Lord of the Rings is one of the best-selling books ever written, with over 150 million copies sold.
the famous film series from director Peter Jackson. The universe that Tolkein built has been influenced by numerous video games, movies, books, and other media, and now it is going to grow a little bit.
The Saul Zaentz Company, who have held the franchise's rights since 1976, has acquired The Lord of the Rings and The Hobbit to Embracer Group.
Lars Wingefors, Founder and Group CEO Embracer Group said, - "I am truly excited to have The Lord of the Rings and The Hobbit, one of the world's most epic fantasy franchises...
join the Embracer family, opening up more transmedia opportunities including synergies across our global group,"
"I am thrilled to see what lies in the future for this IP with Freemode and Asmodee as a start within the group. Going forward, we also look forward to collaborating with both existing and new external licensees of our increasingly stronger IP portfolio."
What Embracer Group intends to do with the IP is not yet clear.