Wednesday, June 21, 2023

Filing: Embracer paid $395M for the rights to Lord of the Rings and The Hobbit in 2022 far below $2B estimates; Amazon reportedly paid $250M for TV rights (K.J. Yossman/Variety)

K.J. Yossman / Variety:
Filing: Embracer paid ~$395M for the rights to Lord of the Rings and The Hobbit in 2022, far below ~$2B estimates; Amazon reportedly paid $250M for TV rights  —  Embracer Group, the Swedish gaming conglomerate that snapped up the rights to “Lord of the Rings” and “The Hobbit” …



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