Embracer Group Paid $395 Million for ‘Lord of the Rings’ Rights
variety.com
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Embracer Group, the Swedish gaming conglomerate that snapped up the rights to “Lord of the Rings” and “The Hobbit” in a surprise deal last summer, has finally revealed how m…
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32Y

Why sell a property valued at 2 billion for only 395 million?

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Because 395 million in the hand is worth 2 billion in the bush?

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Apparently. Its just an interesting decision to settle for an 80% discount. Perhaps it has something to do with the current economic situation

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