Last night around midnight (ET) that Embracer Group made several acquisition announcements that have been turning heads all day. First off, Embracer says that they have acquired the rights to The Lord of the Rings and The Hobbit by J.R.R. Tolkien through its acquisition of Middle-earth Enterprises.
Middle-earth Enterprises is a company that holds the licensing rights to The Hobbit, The Lord of the Rings, and other...