Rings Of Power Causes HUGE Losses At Lord Of The Rings Parent Company Embracer Group

#lordoftherings #lotr #ringsofpower #hollywood #popculture

Rings Of Power Causes HUGE Losses At Lord Of The Rings Parent Company Embracer Group

Lord of the Rings owner Embracer Group just posted its latest quarterly earnings and it lost billions in Swedish currency. Embracer Group is primary a video game company and have farmed out the rights to Lord of the Rings to groups like Amazon who produced Rings of Power. The massive Lord of the Rings fan backlash from Rings of Power has clearly damaged the IP. How bad is it? Lets find out.

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