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Embracer acquires rights to Tolkien-related IP, teases new LOTR films
Limited Run Games has also been acquired, along with five worldwide game studios.
arstechnica.com
Not sure if this is good or bad, but this quote has some alarm bells ringing
"explore additional movies based on iconic characters such as Gandalf, Aragorn, Gollum, Galadriel, Eowyn, and other characters from the literary works of J.R.R. Tolkien."
"based on" implies, to me, stories unrelated to Tolkien's original vision