-
The Mystery Behind Embracer's $2B Partnership Collapse Involves Saudi Arabia: Report
Tuesday, August 15, 2023 - 5:51pm | 380Swedish holding company Embracer Group AB (OTC: THQQF), known for acquiring various gaming entities including Gearbox Entertainment and rights for Lord of the Rings and Tomb Raider, experienced a stock drop due to a collapsed $2 billion deal earlier this year. The partner who withdrew was revealed...
-
Embracer Group Reveals Bold 'Lord Of The Rings' Gaming Blueprint Amid Anticipated Restructuring and Layoffs
Thursday, June 15, 2023 - 4:21pm | 516Embracer Group (OTC: THQQF) the gaming conglomerate based in Sweden, has announced it has ambitious plans to leverage the iconic fantasy series, "Lord of the Rings," and transform it into one of the most significant gaming franchises worldwide. Speaking on a webcast, the company's...
-
The Video Game Industry's Acquisition Fever: 2022 Was A Year Full Of Giant Purchases And A Few Disappointments
Thursday, November 17, 2022 - 6:03pm | 1074By Flor Orsetti The year when Sony Group Corp (NYSE: SONY) bought Bungie, Microsoft Corp (NASDAQ: MSFT) got hold of Activision Blizzard Inc (NASDAQ: ATVI) and the giant Embracer Group (OTC: THQQF) acquired more than 5 companies, including IPs like “The Lord of The Rings,” is finally...
-
My Precious, You Shall Now Pass: Lord of The Rings' Gollum, Gandalf May Get Their Own Movies
Thursday, August 18, 2022 - 12:46pm | 1196Video game company Embracer Group AB (OTC: THQQF) is purchasing several rights to The Lord of the Rings and The Hobbit franchises that could bring theme parks and more movies to fans of the J.R.R. Tolkien books. What Happened: Embracer announced Thursday the acquisition of Middle-earth...