By some twist of fate, Embracer Group came to acquire the rights to The Lord of the Rings and The Hobbit books, which means that, barring the Amazon television show, this is now the company calling the shots on the future of Middle-earth adaptations across art mediums.
The conglomerate isn’t doing particularly well these days, and indeed, there have even been massive layoffs to accommodate this period of transition, though “transition” would be too soft a word for projects and ventures that get shut down overnight.
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