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18.08 / 17:19
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Embracer Reveals How Much It Paid For Lord Of The Rings Rights And New Video Game Companies
Swedish firm Embracer Group announced a number of new acquisitions this week, which included Limited Run Games, Singtrix, Tuxedo Labs, Tripwire Interactive, and Middle-earth Enterprises, grabbing the film and television rights to The Lord of the Rings and The Hobbit in the process. The price for this latest round of acquisitions came to SEK8.2 billion, around $770 million, although Embracer Group didn't mention how much of that cash was spent on the purchase of Middle-earth Enterprises.
