What simply occurred? Embracer Group is constant its obvious quest to personal the complete leisure business with six extra acquisition agreements that embody the acquisition of Limited Run Games, Tripwire Interactive, and the rights to Lord of the Rings, The Hobbit, and their associated properties—however not the books themselves.
Swedish media holding large Embracer Group is already the father or mother firm of a number of large business gamers, together with THQ Nordic, Gearbox Interactive, Dark Horse Media, and extra. Back in May, it agreed so as to add Square Enix Montréal, Eidos Montréal, and Crystal Dynamics to its roster.
Among the brand new acquisitions made by its Freemode subsidiary is Middle-earth Enterprises, granting it IP rights to Lord of the Rings and The Hobbit that cowl all the things from motion pictures, TV reveals, video video games, merchandising, and board video games, to stage performs and even theme-park rights; the literary works are owned by Tolkien Estate. Precisely how a lot Embracer has agreed to pay The Saul Zaentz Company for Middle-earth Enterprises hasn’t been revealed “as a consequence of business causes.”
The LoTR rights additionally embody Amazon’s upcoming The Rings of Power collection that arrives on September 2. Embracer writes that it might discover “extra motion pictures based mostly on iconic characters equivalent to Gandalf, Aragorn, Gollum, Galadriel, Eowyn and different characters from the literary works of J.R.R. Tolkien.”
Another acquisition introduced by Embracer Group is Tripwire Interactive, whose video games embody the Killing Floor collection, Chivalry 2, and Maneater. It’s additionally buying Teardown developer Tuxedo Labs, residence karaoke system Singtrix, and Limited Run, which creates particular bodily editions of video games from smaller devs.
All buy costs are undisclosed, although the upfront prices complete $557 million. There was additionally a secret, sixth acquisition that Embracer hasn’t introduced as a result of acquainted “business causes.” It’s an organization inside the PC/console gaming house, and the deal is “within the vary of being amongst both third or fourth largest of the transactions.”
Following Embracer Group’s buyout of Square Enix Montréal, Eidos Montréal, and Crystal Dynamics, the corporate introduced its intentions to create brand-new content material for a few of its newly acquired mental properties. That doubtlessly covers new motion pictures, video games, and merchandise for the likes of Tomb Raider and Hitman and the resurrection of franchises equivalent to Deus Ex, Legacy of Kain, and Thief.