New Lord Of The Rings Game In Development, Aiming To Compete With Hogwarts Legacy

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A new installment in The Lord of the Rings video game franchise is reportedly in development, with sources indicating it’s being designed to rival the success of titles like Hogwarts Legacy. The project has been underway for some time and is expected to receive significant funding.

Key Takeaways

A new third-person action game set in Middle-earth is in development.
The game is reportedly being positioned to compete with Hogwarts Legacy.
Significant funding, potentially around $100 million, may come from the Abu Dhabi Investment Office (ADIO).
Embracer Group, which holds the Lord of the Rings video game rights, is involved.

Development And Funding

Sources close to the project have revealed that a new Lord of the Rings game has been in development for a considerable period. A significant portion of its funding is anticipated to come from the Abu Dhabi Investment Office (ADIO), with estimates suggesting a figure around $100 million. This deal has been in negotiation since last year and is expected to be finalized soon, possibly as early as next week. Currently, the game’s development is being funded internally.

Game Direction And Competition

While details about the game’s specific content remain scarce, insiders have shared that it will be a third-person action title. The development team’s ambition is for the game to be a direct competitor to popular titles such as Hogwarts Legacy, suggesting a focus on immersive gameplay and a rich open-world experience within Tolkien’s beloved universe.

Involved Parties

Beyond the potential ADIO investment, multiple entities are reportedly involved in the game’s development. Embracer Group, which acquired the Lord of the Rings video game rights in 2022 for nearly $400 million, is a key player. Embracer has been licensing these rights to various studios for game production. Revenge is also mentioned as one of the studios collaborating on the project. When approached for comment, Embracer stated their policy of not commenting on rumors or speculation, a sentiment echoed by Revenge.