Entertainment

‘Lord of the Rings’ and ‘Tomb Raider’ To Be Spun off Under New Company After Embracer Chair Calls Its IP ‘Among The Most Undervalued in the Industry’

Sofia Martinez — Culture & Entertainment Editor
By Sofia Martinez · Culture & Entertainment Editor
· 1 min read

May 20, 2026 1:54am PT

‘Lord of the Rings’ and ‘Tomb Raider’ To Be Spun off Under New Company After Embracer Chair Calls Its IP ‘Among The Most Undervalued in the Industry’

By

K.J.