> Tech Embracer Group, the Sweden-based gaming company has bought the rights to The Lord of the Rings and The Hobbit written by JRR Tolkien. This certainly means that we might witness a movie based on characters like Gandalf, Aragorn, and Gollum. It seems that Embracer has taken over Middle-earth Enterprises, the company which was holding all the rights to video games, films, board games, merchandise, theme parks, and more of The Lord of the Rings and The Hobbit. SEE ALSO: Lenovo Legion Y70 Debuts With Top-End Features Ans Sleek Design; Price And Specifications 'I am truly excited to have The Lord of the Rings and The Hobbit, one of the world's most epic fantasy franchises join the Embracer family,' a CNBC report quoted Lars Wingefors, the company's founder and CEO.

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