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Left out of the original deal, however, was the right to produce a TV series more than eight episodes long. Discovery for comment.Įntrepreneur Saul Zaentz, who died in 2014, originally acquired a number of rights to Tolkien’s works – including film adaptation – in 1976. In 2021, New Line Cinema announced it was planning a stand-alone original anime theatrical feature titled “The Lord of the Rings: The War of the Rohirrim.” It is unclear what will happen to that now. maintaining that Warner’s substantial live-action film rights in “Lord of the Rings” and “The Hobbit” had lapsed because they were not actively developing new content. and Warner over rights, with the Zaentz Co. There was also said to be some disagreement between the Zaentz Co. In the decades since Tolkien’s death there have been a number of legal wrangles over the rights to his literary creations, including years of litigation between Tolkien’s estate and Warner Bros., which, through New Line Cinema, produced Peter Jackson’s blockbuster trilogy “Fellowship of the Ring” (2001), “The Two Towers” (2002) and “The Return of the King” (2003).
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We could not be more thrilled that it is Embracer now taking up the responsibility and we are confident their group will take it to new heights and dimensions while maintaining homage to the spirit of these great literary works.” added: “We at the Zaentz Company have had the honor over the past half century of stewarding the Tolkien rights so that ‘Lord of the Rings’ and ‘Hobbit’ fans worldwide could enjoy award winning epic films, challenging video games, first rate theatre and merchandise of every variety. Going forward, we also look forward to collaborating with both existing and new external licensees of our increasingly stronger IP portfolio.” “I am thrilled to see what lies in the future for this IP with Freemode and Asmodee as a start within the group. “I am truly excited to have ‘The Lord of the Rings’ and ‘The Hobbit,’ one of the world’s most epic fantasy franchises join the Embracer family, opening up more transmedia opportunities including synergies across our global group,” said Lars Wingefors, founder and group CEO of the Embracer Group.
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It is the second high-profile acquisition in the last 12 months for Embracer, whose primary business is making PC and console games, after they purchased independent comics company Dark Horse – publisher of “Hellboy,” “The Umbrella Academy” and hundreds of other familiar titles – in December of 2021 for an undisclosed amount. on the sale while David Eisman and Glen Mastroberte of Skadden, Arps, Slate Meagher & Flom repped Embracer.
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Instead, the Karlstad, Sweden-based conglomerate – which already holds a license to publish board games and card games based on “Lord of the Rings” and “The Hobbit” under subsidiary Asmodee Group – has emerged victorious.ĪCF Investment Bank advised the Saul Zaentz Co. It was initially expected that a Hollywood company might snap up Middle Earth Enterprises, with Amazon being the likeliest contender given they are about to release “Lord of the Rings: The Rings of Power” series.