NEWS

Swedish video game group acquires intellectual property rights for Lord of the Rings series

Release time:

2022-09-16 11:18

 

In the news on August 18, 2022, Swedish video game and media holding company Embracer Group AB announced that it has entered into an agreement to acquire Middle-earth Enterprises, which owns substantial intellectual property rights to J.R.R. Tolkien's literary works, including The Lord of the Rings trilogy and The Hobbit.

 

The Swedish company now has almost unlimitedCommercialopportunities, especially“Explore more basedFamousfilms of characters such as Gandalf, Aragorn, Gollum, Galadriel, Eowin, andOther Characters in J.R.R. Tolkien's Literary WorksOther films,and continue to offer fans new opportunities to explore this fictional world through merchandising and other experiences".

 

In fact, although the specific terms of this transaction have not been disclosed, it appears thatEmbracer Group AB has received worldwide approval for its cooperation with J.R. R Tolkien's fantasy literature works related to film, video games, board games, merchandising, and even theme parks and stage productions related to rights. To date, J.R.R. Tolkien's heirs and the HarperCollins Publishing Group have retained only print publishing rights.

 

This news reminds readers that copyright in literary works usually includes some exclusive rights that can be transferred in whole or in part and can be separately owned (I. e., under U.S. law, the right of reproduction, the right of modification, the right of distribution, the right of public performance, the right of public display). Like the Ring of Power, each of these exclusive rights represents a power that permits limited exploitation of a literary work, and complete control of that literary work can only be exercised by those who have all of these exclusive rights.ByExercise.

 

Access, literary works, Tolkien, other, j.r.r., exclusive rights, possession, film, game, public.