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At a time when intellectual-property rights power TV, movies and theme parks, three companies just lost out on the biggest property that was still out there.
Back in February, we heard that The Saul Zaentz Company, the owner of Middle-Earth Enterprises, was looking to auction off the IP rights for The Lord of the Rings and The Hobbit. In a surprise move, Embracer Group has now revealed itself as the buyer. Just a few months after snatching up historic IP like …