New 'Lord of the Rings' Movies Set At Warner Bros

Warner Bros. Pictures is revamping the 'Lord of the Rings' film franchise. Variety reports: On a Thursday earnings call, Warner Bros. Discovery CEO David Zaslav announced that newly-installed studio leaders Mike De Luca and Pam Abdy have brokered a deal to make 'multiple' films based on the beloved J. R. R. Tolkien books. The projects will be developed through WB label New Line Cinema. The first 'Lord of the Rings' trilogy, helmed by Peter Jackson, grossed nearly $3 billion worldwide; Jackson's follow-up trilogy based on Tolkien's 'The Hobbit' matched those grosses.

No filmmakers have been attached to the projects as yet, but in a statement to Variety, Jackson and his main 'Lord of the Rings' collaborators Fran Walsh and Philippa Boyens said 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,' Jackson, Walsh and Boyens said.

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