Embracer Group owns the rights to both Tomb Raider and Lord of the Rings; it acquired Tomb Raider when it purchased Eidos, Crystal Dynamics, and Square Enix Montreal from Square Enix in 2022. That year, Embracer Group bought the licensing rights to The Lord of the Rings and The Hobbit by buying rights holder Middle-earth Enterprises. Early this year, Embracer announced that it has five mystery Lord of the Rings games in development by external partners.
Copied from Polygon article:
Squenix sold those off to pay for NFTs lol
All these companies are ran by fucking idiots that don’t understand the world or economics.
I think that means no new Deus Ex as well…