Embracer Group, the Swedish gaming conglomerate that snapped up the rights to “Lord of the Rings” and “The Hobbit” in a surprise deal last summer, has finally revealed how m…
, has finally revealed how much it paid – and it seems like they got a bargain.
to make the TV series “The Rings of Power,” which they snapped up directly from the J.R.R. Tolkien estate . The need for the savings measures, unveiled by CEO and co-founder Lars Wingefors, was put down to a spate of recent acquisitions – in addition to Middle-Earth Enterprises, Embracer has also bought comics publisher Dark Horse, anime company Anime Limited, the rights to “Tomb Raider” and a number of video games studios over the past couple of years – coupled with the economic downturn and the last-minute collapse of a significant deal that had been months in the making.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Daycare costs in the US: Millennial paid $22,000 last year for one kidMeet a millennial mom who paid over $22,000 for daycare last year — and had to quit her job when her second kid came along: 'We don't really have a village of any sort'
Read more »
Man who paid former employee in oily pennies ordered to pay nearly $40KA man who paid a former employee in oily pennies has been ordered to pay nearly $40,000 to former employees.
Read more »
Man who paid former employee in oily pennies ordered to pay nearly $40KA man who paid a former employee in oily pennies has been ordered to pay nearly $40,000 to former employees.
Read more »
Blinken faces online backlash for saying US opposes 'Taiwan independence' from China: 'Bought and paid for'Secretary of State Anthony Blinken's comments on the American relationship with Taiwan caused a stir on Twitter.
Read more »
Growing number of businesses recognizing Juneteenth as paid holidayThe number of companies recognizing Juneteenth as a paid holiday increased again in 2023, two years after the day was named a federal holiday.
Read more »