Embracer Group has credited the Lord of the Rings franchise with playing a large part in the company's improved first-quarter financials.
franchise with playing a large part in the company’s improved fiscal first-quarter financials.revealed that Embracer had a revenue gain of 47 percent for the period of April to June over the same quarter of last year. The outlet noted that the company cites “a strong contribution from Middle-earth Enterprises, driven by strong licensing revenue for“The performance of Middle-earth Enterprises is well ahead of the business plan developed at the time of acquisition a year ago.
Alongside the Magic: The Gathering cards themed after the franchise and the launch of The Lord of the Rings: Tales of Middle-earth, the video gamereleased this past May. The title released to negative critical reception, with critics pointing out its technical issues and dull gameplay. New Line Cinema and WingNut Films produced the original The Lord of the Rings trilogy, with Barrie M. Osborne, Peter Jackson, Fran Walsh, and Tim Sanders serving as producers .
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