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Embracer Group has announced a partnership with New Line Cinema and Warner Bros Pictures
The deal encompasses “multiple films” based on JRR Tolkien’s work including The Lord of the Rings and The Hobbit
The partnership was signed via its subsidiary Middle-earth Enterprises, which Embracer acquired in August 2022
In its most recent financial report published last week, Embracer’s sales were up 128% year-on-year, but organic growth was down