Warner Bros. and New Line Cinema are returning to Middle-earth, with the studio inking a deal that will allow for more films in the franchise to be developed. Lord of the Rings.
Multi-year deal with rights holders Embracer Group AB allows Warner to develop feature films based on JRR Tolkien’s books, Lord of the Rings AND The Hobbit. Embracer Group, a Swedish gaming company, has acquired the rights to films, games, merchandise, theme parks and live productions from Lord of the Rings when it bought the rights holder Middle-earth Enterprises from The Saul Zaentz Company last year.
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The deal, announced during Warner Bros. Thursday’s discovery comes as CEO David Zaslav tries to reassure Wall Street that Warner is heavily invested in the franchise, as he looks back to the glory days of the 2000s, when the studio was making a lot of money from the Lord of the Rings franchises. , Harry Potter and the Dark Knight. In November, Zaslav said he would like to strike a deal with author JK Rowling for more Harry Potterand initially presented the idea of a comeback of Lord of the Rings.
Peter Jackson directed the trilogy Lord of the Ringsreleased between 2001 and 2003. The series grossed a combined $2.9 billion at the box office, with The return of the king winning Best Picture at the Academy Awards. Jackson returned to direct the trilogy. The Hobbit (2012-14). New Line already had the animated film The War of the Rohirrim on the 2024 calendar.
Rights to Tolkien’s works have always been a little tricky, and a long-standing legal dispute between Warners and the Tolkien estate raged for years before being settled in 2017. A new complicated issue from a consumer perspective: Amazon owns the TV rights to Lord of the Ringswith its gigantic economic series, The rings of powerreleased last year.
As much as the new films present opportunities for big franchises, they will be in the scrutiny of fans just as much as current Warner franchises like DC and Fantastic animals.
We understand how much these works are appreciated and, working closely with our partners at New Line Cinema and Warner Bros. Pictures, we intend to honor the past, look to the future and adhere to the highest level of quality and production values.
Lee Guinchard, CEO of Freemode, part of Embracer
Meanwhile, Warner Bros. film bosses Michael De Luca and Pamela Abdy signaled they are not interested in a revamp of what Peter Jackson has already done, saying in their own statement:
Twenty years ago, New Line took an unprecedented leap of faith to bring to life the incredible stories, characters and world of Lord of the Rings on the big screen. The result was a landmark series of films that have been embraced by generations of fans. But for all the scope and detail carefully packed into both trilogies, the vast, complex and dazzling universe dreamed up by JRR Tolkien remains largely unexplored in film. The opportunity to invite fans deeper into the cinematic world of Middle-earth is an honor and we are thrilled to partner with Middle-earth Enterprises and Embracer on this adventure.
Michael De Luca and Pamela Abdy, film directors of Warner Bros.
Themes and dates for potential new movies from Lord of the Rings They haven’t been revealed yet, but the rights deal — which has definitely involved millions of dollars — makes it very likely they’ll get off the ground.
The post The Lord of the Rings will win new Warner Bros. films first appeared on Look Digital.
Source: Olhar Digital
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