‘Lord of the Rings’ and ‘Tomb Raider’ To Be Spun off Under New Company After Embracer Chair Calls Its IP ‘Among The Most Undervalued in the Industry’
Embracer Group plans to spin off its intellectual properties, including 'Lord of the Rings' and 'Tomb Raider', into a new company called Fellowship Entertainment. The chair of Embracer, Lars Wingefors, believes these assets are undervalued and aims to reposition the company as an IP-led entertainment entity. Fellowship Entertainment is expected to be listed on Nasdaq Stockholm in 2027, coinciding with a stronger product pipeline.
- ▪Fellowship Entertainment will focus on publishing, licensing, and developing brands like 'Lord of the Rings' and 'Tomb Raider'.
- ▪Lars Wingefors stated that the assets held by Fellowship are among the most undervalued in the industry.
- ▪The company is set to be listed on Nasdaq Stockholm in 2027, aligning with a stronger product pipeline.
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Home Biz Global May 20, 2026 1:54am PT ‘Lord of the Rings’ and ‘Tomb Raider’ To Be Spun off Under New Company After Embracer Chair Calls Its IP ‘Among The Most Undervalued in the Industry’ By K.J. Yossman Plus Icon K.J. Yossman @KJYossman Latest ‘Baywatch’ Set to Make a Splash Across the Pond as Sky Snaps Up U.K. and Ireland Rights 24 hours ago New BBC Boss Matt Brittin Warns Staff ‘Tough Choices Are Unavoidable as We Make Savings’ on First Day in the Job 2 days ago Bulgaria Wins 2026 Eurovision Song Contest as U.K.
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