Warner Bros. Discovery announced during its earnings call that more Lord of the Rings movies are in development, as the studios strike a multi-year deal with Embracer Group AB. The deal includes “multiple” films based on J.R.R. Tolkien’s series, giving WB and New Line the opportunity to invest in one of their most successful franchises once again.
The original Lord of the Rings trilogy, directed by Peter Jackson, was released between 2001-2003 and grossed nearly $3 billion worldwide. It also won 17 Oscars, including Best Picture for Return of the King. With the success of the films, it’s no surprise that WB wants to continue investing in the series.
However, rights have been an issue for any studio trying to adapt Tolkien’s works. Amazon currently owns the TV rights and released the first season of The Lord of the Rings: The Rings of Power last year. Additionally, an anime film, The Lord of the Rings: The War of the Rohirrim, is set to be released in April 2024.
Despite the challenges, WB seems to be committed to expanding the Lord of the Rings universe. CEO David Zaslav previously hinted at moving forward with the franchise during an earnings call last year, even mentioning the possibility of making more Harry Potter movies. With the multi-year deal with Embracer Group AB in place, fans can expect to see more adventures in Middle-earth in the future.
Geek Freaks Network 
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