Embracer Continues to Spend: Buying Lord of the Rings IP, Tripwire Interactive, and More

Embracer Group, the parent company of a large and expanding roster of studios and publishers including THQ Nordic, Gearbox, Plaion (formerly Koch Media) and Sabre Interactive, has announced that it will acquire Middle-earth Enterprises, which basically means It has The Lord of the Rings, The Hobbit, and some other Middle-earth stuff that the company doesn’t even know about. The purchase price was not disclosed “for commercial reasons”.

To be clear: this acquisition does not mean that Embracer Group will own the actual literary works of JRR Tolkien, which remain the property of the Tolkien Estate. That means the Embracer Group will own a company that owns the rights to adapt the books into movies, video games, stage plays, placemats, Funko Pops and the like. If the acquisition is successful, Embracer will acquire Middle-earth Enterprises of The Saul Zaentz Company.