Much to the delight of Middle Earth fans, Warner Bros. and New Line Cinema are signing a new deal to produce new Lord of the Rings and Hobbit movies. Warner Bros Discovery Head David Zaslavr recently revealed that film divisions head and studio leaders Mike De Luca and Pam Abdy had secured a deal for several films based on JRR Tolklein’s famous work The Middle Earth. The deal is with a Swedish gaming company that has the rights to all of Tolklein’s works. The company’s name is Embracer Group.
The new films are being produced by New Line Cinema, a Warner Bros. production division that previously produced the Peter Jackson-led Lord of the Rings movies. The Lord of the Rings has been a very critically acclaimed and commercially successful film series. The first three Lord of the Rings movies have grossed over 3 billion at the box office, and the other series, The Hobbit, has also been successful at the box office.
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The 3rd Lord of the ring movie Return Of The King Is one of the most award-winning movies in Oscar history. “Warner Bros. and Embracer have kept us in the loop every step of the way. We look forward to speaking with them further to hear their vision for the franchise moving forward,” Peter Jackson said about the new development.
As far as the rights of Lord of the Rings movies are concerned, the Swedish company Embracer bought Middle Earth Enterprises in 2022, a company that had the rights to all Middle Earth-themed properties, including games, merchandise, theme park, or any other form of live production.
Speaking about the deal, Lee Guinchard, CEO of Freemode, Embracer’s operative group, said, “Following our recent 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 world of J.R.R. Tolkien back to the big screen in new and exciting ways.”
“We understand how cherished these works are and working together with our partners at New Line Cinema and Warner Bros. Pictures, we plan to honor the past, look to the future, and adhere to the strongest level of quality and production values,” he further added.
Warner’s film division heads De Luca and Abdy said, “New Line had previously taken an unprecedented leap of faith to realize the incredible stories, characters and world of ‘The Lord of the Rings’ on the big screen … 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.”
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The effect of this new deal would be that Warner Bros. could now produce movies, games, or live-action programs of any kind based on any of TollKin’s works. Comedy powered by Bandar Films and Newlines are the brains behind this new multi-year deal
Zaslav, the new head of Warner Bros Discovery, believes the deal will satisfy Warner Discovery’s current need to produce more movies. The negative effect because of the company’s recent cancellation of several movies due to the capital crunch will now bring new positive effects from this deal.
The company’s animation department is working on ‘The Lord of the Rings: The War of the Rohirrim,’ an animated movie that takes place 183 years before the main story. This movie tells the story of a legendary leader named Helm Hammerhand who was a king and hero of the Kingdom of Rohan. This movie will be shown in cinemas in April 2024
As far as TV rights are concerned, Amazon still holds the TV rights of Lord of the Rings for which they paid $450 million. But they have rights only for a specific period in Tolkien’s work. As for Warner Bros., the new deal will grant them more access to any of Tolkien’s work with creative freedom.