Embracer Sees Entertainment Unit Sales Drop But Predicts ‘Lord Of The Rings’ IP Will Be “Key Driver In The Coming Decades”

Lord of the Rings IP owner Embracer Group has seen net sales at its Entertainment & Services division fall by 15%, but is betting big on Middle-earth in coming years. Entertainment sales for the fourth quarter of 2023 (covering January to March 2024) were SEK1.26B ($118M), down from SEK1.49B the previous year. Embracer noted the […]