LOTR game seeks $100M financing from Abu Dhabi Investment Office

A new Lord of the Rings video game is in development and is seeking substantial outside financing, people familiar with the discussions said, with the Abu Dhabi Investment Office reportedly negotiating a roughly $100 million investment to help fund the project. The title is described by those people as a third person action game intended to compete commercially with the scale of recent high-profile franchise releases, but the investment deal has not been finalized and the game’s development has been funded internally to date.

Those familiar with the project said the Embracer Group, which acquired the video game rights to the Lord of the Rings franchise in 2022, and a studio named Revenge are among the parties involved, along with other unnamed development teams. Embracer and representatives for the studio named in reports declined to comment. Insiders said an official announcement could arrive soon, with some expecting news as early as next week, though those timelines remain tentative.

If completed, the financing would represent one of the larger private investments in a single entertainment videogame project and would signal a major commercial push for the franchise in games....