Embracer Group will acquire The Lord of the Rings, Hobbit and Tolkien IP

In a sudden explosion late at night, it was announced that Embracer Group had entered into an agreement to acquire IPs for The Lord of the Rings and The Hobbit. Of course, The Lord of the Rings is one of the biggest media franchises of all time, thanks to the JRR Tolkien novels. The books are some of the most popular and well-known works of literature, and eventually gave birth to the Academy Award-winning film franchise directed by Peter Jackson. Many video games, movies, books, and other forms of media…

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