Amazon Cancels 'Lord of the Rings' Video Game After Tencent Dispute

Amazon (NASDAQ: AMZN) has announced it has dropped plans to produce a Lord of the Rings video game after a dispute arose with Chinese gaming giant Tencent Holdings (OTC: TCEHY) following its acquisition of game developer Leyou Technologies Holdings.

The game was first announced two years ago, and its cancellation marks another failure for Amazon Game Studios, which has yet to produce a single hit since it was formed in 2014.

Image source: Getty Images.

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Source Fool.com