Embracer Q3 Results Lower Than Expected, Boosted by ‘Lord of the Rings’ Licensing Revenue

“Lord of the Rings” owner Embracer revealed its Q3 results were boosted by licensing revenue from the Tolkien IP despite being lower than expected overall. Embracer, a Swedish gaming conglomerate who snapped up the rights to “Lord of the Rings” two years ago, has undergone a severe restructuring program over the past year, which has […]
Variety