Saudi group reportedly abandoned $2 billion deal with the Lord of the Rings game company

Embracer has been mum about its partner in a ‘transformative’ partnership that fell through in May — a new report sheds light on why.

Embracer has been mum about its partner in a ‘transformative’ partnership that fell through in May — a new report sheds light on why.a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020.

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Layoffs To Come At ‘Lord Of The Rings’ IP Owner Embracer Group Following RestructureLayoffs and closures are imminent at Lord of the Rings IP owner Embracer Group as the Swedish outfit unveils a restructure that will focus on “cost savings, capital allocation, efficiency and…
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Revealed: Embracer Group Paid $395 million for ‘Lord of the Rings’ RightsEmbracer Group, the Swedish gaming conglomerate that snapped up the rights to “Lord of the Rings” and “The Hobbit” in a surprise deal last summer, has finally revealed how m…
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Embracer Group Paid $396M For ‘Lord Of The Rings’ RightsSweden’s Embracer paid nearly $396M for the rights to the Lord of the Rings franchise. The 4.25BN SEK ($395.6M) paid for Middle-earth Enterprises was revealed today in Embracer’s annual…
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Lord Of The Rings AI Art Turns Everyone Into Babies (& Baby Gandalf Still Looks Old)AI-created art imagines what each Lord of the Rings character would look like as a baby, though Gandalf the Grey still looks as old as ever.
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Lord Of The Rings Lovable Dog Cosplays (& 1 Cat) Get Elaborate CostumesLord of the Rings cosplay captures nearly every major Tolkien character in surprisingly elaborate detail using an adorable array of dogs and one cat.
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