Embracer Group, the Swedish gaming giant, has acquired Middle-earth Enterprises and now owns the rights to movies, video games, board games, merchandising, theme parks, and stage productions surrounding The Lord of the Rings and The Hobbit. As part of its announcement, Embracer said there is room to grow, specifically in the area of additional movies based on famous Lord of the Rings characters.
“Other opportunities include 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,” Embracer said in its announcement.
In addition to these potential films, Embracer said it looks forward to giving fans new ways to enjoy The Lord of the Rings via “merchandising and other experiences.” There have been ongoing rumors of a Lord of the Rings theme park in Florida, but nothing has been confirmed as of yet.