Embracer Group has stated in wake of its restructuring plans that it goals to remodel the Lord of the Rings into “one of many greatest gaming franchises on the planet.”
Talking in an open letter to its 17,000-strong workers, Embracer bigwig Lars Wingefors revealed that it goals to “put larger give attention to inner IP and enhance exterior funding of large-budget video games.”
In the meantime, talking on a webcast following the announcement of its restructuring plans, Matthew Karch, interim chief operations officer, stated the corporate can be placing large give attention to The Lord of the Rings IP.
I’ve a excessive diploma of confidence this complete course of goes to simply translate into higher product choice that’s extra worthwhile and that offers us a larger alternative for progress sooner or later, and that helps to leverage the IP we personal inside our organisation. We personal Lord of the Rings, and we all know we have to be exploiting Lord of the Rings in a really vital style and switch that into one of many greatest gaming franchises on the planet. That’s clearly one thing we’re going to be doing. That’s a significantly better use of sources than a few of the different initiatives that a few of our groups have been engaged on.
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The Lord of the Rings and The Hobbit rights have been bought by Embracer Group in August 2022, and final month the agency inked a cope with Amazon Video games to create an MMO primarily based on the much-loved fantasy epic.
[Source – IGN]
