Embracer Group has made a number of purchases and acquisitions immediately (August 18), selecting up the IP rights to The Lord Of the Rings and The Hobbit, in addition to a number of recreation corporations.
Five acquisitions have been made in complete, with Limited Run Games, Tuxedo Labs, Tripwire Interactive and Singtrix becoming a member of Embracer Group along with the LOTR properties. The firm introduced the acquisitions by way of press releases, which might be seen right here.
The largest buy is undoubtedly Middle-earth Enterprises, which supplies the corporate IP rights to Tolkien’s literary works associated to The Lord Of the Rings and The Hobbit. This covers motion pictures, television reveals, video games, theme park rides, board video games and merchandising. Speaking in a press launch, Embracer Group particulars the upcoming tasks that it now controls:
“Key upcoming works set in Middle-earth, in which Middle-earth Enterprises has financial interests, include the much-heralded Amazon series The Lord of the Rings: Rings of Power which will premiere on September 2, 2022, set thousands of years before The Hobbit and The Lord of the Rings; the animated movie The Lord of the Rings: The War of the Rohirrim (Warner Bros), set for release in 2024, and the mobile game The Lord of the Rings: Heroes of Middle-earth (Electronic Arts).”
The submit then goes on to provide some concepts as to what the corporate plans to do with the newly acquired rights, saying that it will likely be “exploring additional movies based on iconic characters such as Gandalf, Aragorn, Gollum, Galadriel, Eowyn and other characters from the literary works of J.R.R. Tolkien.”
Next up is Limited Run Games, which has additionally been acquired immediately. Limited Run Games specialises in bodily editions of video games, together with retro titles. Embracer Group lists this as one of many foremost causes for the acquisition, in addition to “the development technology Carbon Engine that ports retro games to modern platforms.”
Maneater and Killing Floor builders Tripwire Interactive are one other firm to be bought. Embracer Group notes that the group will proceed on as regular “with the team focused on developing future projects.”
As for Singtrix, which focuses on creating voice-processing tech for karaoke, video games and leisure, Embracer Group expects that Singtrix will “expand its vocal technology platform into a broad range of new music games, streaming, and mobile franchises.”
Finally, now we have Tuxedo Games, which has been bought for an undisclosed sum. The foremost curiosity right here appears to be within the physics-tech current in Teardown. Embracer Group notes that Teardown “has the potential to become the standard-bearing platform for physics simulation in games.”
Furthermore, a sixth acquisition is but to be correctly introduced. Not a lot element was given, solely that it includes “another company within PC / console gaming that, for commercial reasons, is not disclosed today.”
Embracer Group just lately made waves by buying three main studios from Square Enix, selecting up Tomb Raider, Deus Ex, and over 50 back-catalogue titles.
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