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Movie and game rights to Lord of the Rings and The Hobbit go up for auction

Game and movie rights to The Lord of the Rings and The Hobbit are being auctioned by The Saul Zaentz Company. The estimated value is said to be $2 billion.
 Movie and game rights to Lord of the Rings and The Hobbit go up for auction
READING NOW Movie and game rights to Lord of the Rings and The Hobbit go up for auction

Middle-earth, created by master writer JRR Tolkien, is undoubtedly one of the biggest brands in the entertainment world. The greatness of Lord of the Rings and The Hobbit in particular is indisputable. The movie and game rights of such brands are also very valuable. There was some interesting news in the past few hours.

The Lord of the Rings and The Hobbit Rights Sell

According to Variety, The Saul Zaentz Company is selling the game and movie rights of The Lord of the Rings and The Hobbit. Based on recent valuations, it is estimated that this sale will bring in $2 billion. Apart from The Lord of the Rings and The Hobbt, this deal also includes the rights, albeit limited, to The Silmarillion and Unfinished Tales, published after Tolkien’s death.

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As you know, Amazon’s Lord of the Rings series will be released on September 2, 2022. In other words, the timing is quite appropriate for this sale, and although we have not heard anything official from Amazon yet, we can easily say that Amazon is one of the biggest candidates. We do not know what will happen at the end of these events, but we can say that the works of Middle-earth seem to enter our lives intensely again.

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