New ‘Lord of the Rings’ movie in works at Warners Bros
The "Lord of the Rings" film franchise is being expanded again by Warner Bros Pictures.
In a meeting on Thursday, Warner Bros Discovery CEO David Zaslav said that newly installed studio directors Michael De Luca and Pam Abdy had negotiated a deal to develop "several" films based on JRR Tolkien's beloved books. The projects will be created under WB's New Line Cinema banner.
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The first three movies in Peter Jackson's "Lord of the Rings" trilogy made about $3 billion worldwide. Jackson's next three movies, based on JRR Tolkien's "The Hobbit," made the same amount.
Although no directors have been signed to the projects as of yet, Jackson and his major "Lord of the Rings" partners Fran Walsh and Philippa Boyens said in a statement to Variety that Warner Bros. and Embracer "have kept us in the loop every step of the process."
Peter Jackson directed the "Lord of the Rings" trilogy, which was released between 2001 and 2003. The series grossed a total of $2.9 billion at the box office, with "Return of the King" winning the Academy Award for best picture in 2003.
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