David Zaslav made the announcement that we’ll be seeing more of Middle-Earth during WBD’s Earnings call.
Behold The Lord of the Rings fanatics, greater memories from center earth are on the horizon! Warner Bros Discovery and New Line Cinema have struck a brand new multiyear agreement with Embracer Group AB’s Middle-Earth Enterprises to team up on new movies from the franchise. WBD President and CEO David Zaslav made the declaration throughout the enterprise’s call to talk about its Q4 2022 profits outcomes, even though the information doesn’t come as a surprise given the new CEO has committed to bringing extra franchises on screen.
Peter Jackson’s authentic The Lord of the Rings trilogy garnered 17 Oscars inclusive of 11 in 2004 for the finale, The Return of the King, tying the record for a single film. The studio re-teamed with Jackson for a trilogy of films based totally on The Hobbit. The Lord of the Rings franchise takes enthusiasts into the magical global of J.R.R. Tolkien complete of elves, hobbits, and human beings. On its personal, the franchise has layers and layers of storytelling possibilities with a plethora of thrilling characters and mythology that mystifies visitors.
Lee Guinchard, CEO of Embracer Group’s operative organization Freemode, stated in a statement, “Following our latest acquisition of Middle-earth Enterprises, we’re thrilled to embark on this new collaborative journey with New Line Cinema and Warner Bros. Pictures, bringing the incomparable international of J.R.R. Tolkien lower back to the big screen in new and interesting approaches.” He in addition introduced that the makers understand “how loved those works are” and the studio’s plan to “honor the past, look to the destiny, and cling to the strongest stage of exceptional and production values.”
Tolkien’s Middle-Earth Universe Remains Largely Unexplored
Speaking of the new collaboration Warner Bros Pictures Group co-chairs and CEOs Michael De Luca and Pam Abdy said, “Twenty years ago, New Line took an unprecedented leap of faith to realize the incredible stories, characters, and world of The Lord of the Rings on the big screen. The result was a landmark series of films that have been embraced by generations of fans.” Further noting,
“But for all the scope and detail lovingly packed into the two trilogies, the vast, complex and dazzling universe dreamed up by J.R.R. Tolkien remains largely unexplored on film. The opportunity to invite fans deeper into the cinematic world of Middle-earth is an honor.”
It is to be noted that in a separate TV rights deal battle in 2018, Amazon beat out Netflix for the rights with the Tolkien estate, publisher HarperCollins and New Line. The streamer has made a five-season commitment to bring Lord of the Rings to the streaming service, which resulted in The Lord of the Rings: The Rings of Power. Meanwhile, Middle-earth Enterprises owns exclusive worldwide motion pictures, games, merchandising, stage, and other rights in certain Tolkein literary works including The Lord of the Rings and The Hobbit.
No further details about the project are known yet so watch out for this space for further development.
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