The film and gaming rights to The Lord of the Rings and Th Hobbit are going up for sale. According to Variety, the Saul Zaentz Co. will sell its movie, gaming, merchandising, and live event rights regarding J.R.R. Tolkien s Middle-earth fantasy world. ACF Investment Bank is handling the process [.]
Amazon cancels plans for Lord of the Rings multiplayer game dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.
Amazon Cancels Plans for Lord of the Rings Massively Multiplayer Game
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Amazon had inked a deal to develop the free-to-play console/PC game title with Leyou Technologies, a Hong Kong-based games company. After Chinese media and entertainment conglomerate Tencent Holdings acquired Leyou in December 2020 in a deal worth $1.5 billion, Amazon and Tencent failed to reach a deal on revised contract terms for the “Lord of the Rings” game, as first reported by Bloomberg resulting in Amazon Game Studios bailing on the project.
“We love the ‘Lord of the Rings’ [intellectual property] and are disappointed that we won’t be bringing this game to customers,” an Amazon spokesperson said in a statement. The team that was working on the “LOTR” prequel game will be moved to different projects, according to Amazon.