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Report: New Third-Person Lord of the Rings Game in the Works With ADIO Funding

Insider Gaming ties the unannounced project to Embracer, naming developer Revenge.

Overview

  • Multiple outlets summarize Insider Gaming’s claim that a third-person action title is in development and positioned at AAA scale to compete with Hogwarts Legacy.
  • The project is reportedly backed in part by the Abu Dhabi Investment Office with funding around $100 million, though figures and participation remain unconfirmed.
  • Insider Gaming reports that a formal deal or announcement could arrive soon, possibly as early as next week.
  • Embracer, which holds video game rights for The Lord of the Rings, declined to comment on the report, and Revenge offered no comment.
  • Coverage urges caution, noting plans can change, while pointing to Embracer’s broader Middle‑earth efforts, including prototyping new titles and a separate MMO with Amazon Games.