I fondly remember one of the very first games I played on the Sinclair ZX Spectrum: The Hobbit, a text adventure with crude illustrations that was probably made in BASIC. It was crap. But this Hobbit ...

Video game company Embracer Group AB (OTC:THQQF) is purchasing several rights to The Lord of the Rings and The Hobbit franchises that could bring theme parks and more movies to fans of the J.R.R.