New The Lord Of The Rings Sport Is Reportedly In The Works, Is Partially Funded By ADIO

A report on Insider Gaming has claimed {that a} model new The Lord of the Rings online game is within the works, and is being partially funded by the Abu Dhabi Funding Workplace, which is believed to be round $100 million.

The deal has been within the works since final yr, and, whereas not signed but because of the variety of transferring elements, is alleged to be made official “quickly” and will occur as early as subsequent week. Relating to present funding of the sport’s improvement, it has been funded internally.

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What isn’t recognized at this level is what precisely this new Lord of the Rings sport is, because the supply didn’t elaborate on what we are able to anticipate from the brand new outing in Center-earth. Nevertheless, they did verify it will likely be a third-person motion sport and is being positioned to “compete with Hogwarts Legacy.” Past that, the report states that a variety of events are concerned within the new The Lord of the Rings sport past ADIO, equivalent to Embracer, Revenge, and different corporations.

Talking of Embracer Group, it’s value remembering that the trade large has held the rights to The Lord of the Rings since 2022. Again in Could of this yr, the corporate introduced that it was giving its gaming division a shakeup, which concerned a rebranding of Center-Earth and Mates, which was retitled Fellowship leisure and consists of IPs equivalent to The Lord of Rings, Kingdom Come Deliverance, Metro, Lifeless Island and extra.

An official announcement for a brand new The Lord of the Rings sport has but to be introduced.

[Source – Insider Gaming]