• imaqtpie@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    5
    ·
    1 year ago

    The Karlstad-headquartered company has confirmed it spent SEK 4.2 billion — $395 million at today’s conversion rates — to acquire Middle-Earth Enterprises from the Saul Zaentz Company last August. But estimates at the time projected the rights – which include worldwide rights to films, video games, board games, merchandising, theme parks and stage productions — were worth up to $2 billion.

    Interesting that it fell so short of the $2 billion valuation. Wonder why that is.