Lord of the Rings rights holder Middle-Earth Enterprises is set to become its own entity as parent company Embracer Group announces it's splitting into three separate companies.
On April 22, Embracer shared a press release detailing its plans to "transform into three standalone publicly listed entities." The three games and entertainment companies in question are Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends - which will all focus on different areas of the current business.
