"Lord of the Rings" and "Hobbit" film and merchandise rights owner Middle-earth Enterprises (recently acquired by Embracer Group) has formally asked Warner Bros. to amicably exit the pair of Middle-earth franchises by the end of 2023 with the goal to pave the way for the rights to be sold to a new owner.

This looks like a good day for Hollywood lawyers.

https://www.looper.com/1182603/warner- ... e-rights-into-mount-doom/