The Embracer Group, formerly known as THQ Nordic, is known to own a fleet of over 100 studios and 10 entertainment companies, as well as owning the Lord of the Rings series.

Corporate giant Embracer Group, the Swedish group that owns the developers of Borderlands, Tomb Raider, Deep Rock Galactic and many others, has released its report for the third quarter of fiscal year 2022. The report indicated continued strong growth during the last quarter, which was considered the strongest historically for the group, with net sales increasing. At 28% compared to the second quarter.

The financial report indicated that there are 94 projects in development at the moment, with a launch scheduled for the market before the end of March 2024, and among these titles are Dead Island 2, Payday 3 and Remnant 2, in addition to five titles from the famous series “The Lord of the Rings”. the Rings, which is in development and should be released in the next 24 months.

Among the “Lord of the Rings” titles we’re looking forward to is The Lord of the Rings: Gollum, which is scheduled to hit the market between April and September, as well as unannounced titles in the series.

We remember very well that, last year, the Embracer Group acquired Middle-Earth Enterprises, a subsidiary of The Saul Zaentz company.

Middle-Earth Enterprises owns a large group of famous titles in the field of video games and many film rights, the most important of which are the famous trilogies The Lord of the Rings and The Hobbit and many other property rights related to the works of Middle-Earth Enterprises. -earth of the famous writer JRR Tolkien.

The report indicated that 94 projects will include 4 first-tier or AAA titles, the vast majority of which are AA titles or lower, and there will be 8 DLC content for existing games.

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