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WARHORSE PROJECTS. Warhorse Studios announces two upcoming projects.

Warhorse Studios/X

The game will be set in the fictional world of Middle-earth, CEO Phil Rogers says in a post-earnings call

Warhorse Studios, owned by video game group Embracer, is developing an open-world role-playing game set in the world of The Lord of the Rings, Embracer’s chief executive said on Wednesday, May 20.