The Tomb Raider IP rights were apparently bought by Amazon for $600 million
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Highlights of the story
- According to a report that has surfaced, Amazon has reportedly bought the rights to Tomb Raider from Embracer Group in a new acquisition.
- The Tomb Raider franchise, including its video games, TV rights, movies, merchandise, and the like, is now owned by Amazon. Embracer Group will retain further rights after acquiring from its recent buyout.
- The deal was settled for $600 million, the second largest acquisition in Amazon’s history.
- Previously, Amazon has expressed interest in publishing an unannounced Tomb Raider project. Moreover, a game is also reported to be unveiled this year.
Amazon has apparently bought the rights to Tomb Raider, according to a new report Fellowship of fans. The following franchise, including its games, TV licenses, movies, and merchandise, is now the umbrella of Amazon’s long list of influential IPs, the report claims. Amazon reportedly won the deal. $600 million.
A massive deal was recently made with Embracer Group, a company that has been involved in many acquisitions in the gaming industry. For example, the giant conglomerate recently acquired Square Enix’s western subsidiaries and its IPs over the past year.
One of Embracer Group’s previous acquisitions along with Square Enix also came with the rights to Tomb Raider. If the lingering rumors are true, it would be the second-biggest deal in Amazon’s history, eclipsed only by the TV rights to The Lord of the Rings: The Rings of Power.
Embracer Group just sold its ‘Tomb Raider’ rights to Amazon in a deal that we can exclusively reveal as a roughly $600 million total package for ‘The Lord of the Rings: The Rings Of.’ It is Amazon’s second largest purchase after buying the television rights of power’. So, it puts into perspective the costs and prices that Embracer might be looking for,” noted Fellowship of Fans on the site.
Fandom seems to have a solid track record in the TV industry. For example, he has accurately predicted some of the key early shows in The Lord of the Rings: The Rings of Power story months before the show’s release.
It’s worth noting that the currency in the rumor has yet to be confirmed, but if we go by Embracer Group’s previous purchases, it’s more likely to be USD. For example, previous acquisitions of Square Enix and Embracer Group closed for $300 million.
Additionally, it is predicted that acquiring the rights to the Tomb Raider IP will give Amazon ownership of both past and future films, games and other products related to the franchise. Embracer Group, on the other hand, will no longer hold any rights to the series.
Leaks also surfaced A week ago that noted the announcement of a new Tomb Raider game coming this year. However, it is still unclear whether this is an installment of Lara Croft’s rebooted ventures or a completely new direction. A reveal could follow at the upcoming E3 event during the summer months.
Amazon has previously expressed interest in developing more Tomb Raider video games, as it announced The publisher of a new unannounced Tomb Raider Project Gaming Industry’s latest acquisition may push the formidable company to release more entries in the future.
All in all, we can see the game coming next year if it doesn’t suffer internal development delays.
What are your thoughts on giant conglomerate Amazon acquiring the rights to the iconic Tomb Raider IP in a $600 million deal? Do you think Amazon will invest more in IP and release more games? Let us know your thoughts in the comments below.
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