Entertainment

Embracer Group Spins Off Tolkien and Tomb Raider IP

Updated 2026-05-20 09:05 UTC 2 sources Neutral

Embracer Group is forming a new company, Fellowship Entertainment, to house the Lord of the Rings and Tomb Raider brands. The move aims to capitalize on what Embracer chair Lars Wingefors calls 'among the most undervalued' intellectual properties in the industry.

Coverage timeline — 2 articles

Deadline

‘Lord Of The Rings’ & ‘Tomb Raider’ To Be Housed At Fellowship Entertainment After Embracer Spin-Off

The Lord of the Rings and Tomb Raider brands will be part of a new Stockholm-listed, “IP-led” entertainment business. Fellowship Entertainment is being formed through a company split at Embracer Group, which owns the underlying IP rights to The Lord of the Rings, The Hobbit and Tomb Raid

2026-05-20 08:47 UTC

Variety

‘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’

“Lord of the Rings” owner Embracer is set to spin the Tolkien IP as well as other legacy properties such as “Tomb Raider” into a separate holding company, Fellowship Entertainment, with chair Lars Wingefors calling its assets “among the most undervalued in the industry.” Fellowship Entertainment is

2026-05-20 08:54 UTC