Embracer strikes deal with New Line and Warner Bros for new Lord of the Rings films | News-in-brief
Partnership was signed via subsidiary Middle-earth Enterprises for multiple movies based on Tolkien's work
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- Embracer Group has announced a partnership with New Line Cinema and Warner Bros Pictures
- The deal encompasses "multiple films" based on JRR Tolkien's work including The Lord of the Rings and The Hobbit
- The partnership was signed via its subsidiary Middle-earth Enterprises, which Embracer acquired in August 2022
- In its most recent financial report published last week, Embracer's sales were up 128% year-on-year, but organic growth was down
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Embracer strikes deal with New Line and Warner Bros for new Lord of the Rings films