The listed company is inspired by a new name inspired by its precious subsidiary of business land.
In a new recent press release, Trap group announced its intention to rename the entertainment of the company’s scholarships as part of a long -term overhaul of its activities.
Is Litch now a stock?
The short answer is no. Nor is it a same or an NFT. The LOTR and Hobbit rights that Jrr Tolkien originally sold in 1968, held by Saul Zaentz, are still together under the companies of Middle -earth (MEE). MEE, in turn, conceded the granting of cinema rights to Warner Bros, as well as rights to dozens of other licensee To produce LOTR products such as playing cards and baby carriers. Package Group AB, a Swedish company listed on the stock market, Bought average land companies About at the same time, he also bought Eidos Interactive (Tomb Raider game manufacturers) and Dark Horse Comics. Each of these companies is always managed independently. A bit like the way alphabet has Google, Waymo, Android… or how Disney has Marvel, Lucasfilm, Pixar, etc.
So, is LOTR in charge?
Well, no. Fellowship Entertainment is a company name inspired by Tolkien, and there are probably certain brands that the sector of the land of the middle which allows to use. Middle -earth does not take up a 20 billion dollar game conglomerate. It is obvious, however, that this company considers its most precious division.
What is the size of scholarship entertainment?
According to the press release from the Group Embrasis:
Fellowship entertainment will unite the best creators and intellectual properties, promoting creativity to create unforgettable experiences for fans. The strategy consists in transforming into a single group of electric centers with the development of games and publishing at its heart, supplemented by transmedia capacities within the IP license, comics, goods, cinema and distribution. In total, Fellowship Entertainment will have around 6,000 employees in more than 30 countries.
The entity of parent outfits, called Fellowship Entertainment, will include more than 40 companies (again, think as Disney with Lucasfilm and Pixar), notably Crystal Dynamics, Dark Horse, Deca Games, Eidos-Montréal, Limited Race Games, Games from Vertigo to Earth and Warhorse. Read the full press release below.