Friday, December 1, 2023
HomeAnimations'Lord Of The Rings' Rightsholder Embracer Proclaims Restructure, Layoffs, Studio Closures

‘Lord Of The Rings’ Rightsholder Embracer Proclaims Restructure, Layoffs, Studio Closures


Final week, international media big Embracer Group revealed that it’s planning a serious restructure of its companies together with layoffs, studio closures, and interim government appointments.

What’s Embracer Group and what does it personal? Primarily based in Karlstad, Sweden, Embracer is a worldwide online game and media holding firm that oversees 12 operative teams: THQ Nordic, Plaion, Espresso Stain, Amplifier Sport Make investments, Saber Interactive, DECA Video games, Gearbox Leisure, Easybrain, Asmodee, Darkish Horse, Freemode, and Crystal Dynamics – Eidos. Inside that framework, Embracer owns 138 inner sport improvement studios and employs greater than 16,600 staff in additional than 40 international locations.

Embracer additionally owns the worldwide rights to movies, video video games, board video games, merchandising, theme parks, and stage productions referring to J.R.R. Tolkien’s The Lord of the Rings trilogy and The Hobbit, in addition to matching rights in different Center-earth associated literary works from the Tolkien Property and writer Harpercollins.

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