New Line Cinema and Warner Bros. Pictures have reached a multi-year deal that will see them partner with The Embracer Group’s Middle-earth Enterprises to create the new Lord Of The Rings films via deadline.
The news was announced by Warner Bros. Discovery CEO David Zaslav during the company’s fourth-quarter earnings call.
“Following our recent acquisition of Middle-earth Enterprises, we are thrilled to embark on this new collaborative journey with New Line Cinema and Warner Bros. Pictures, bringing the incomparable world of JRR Tolkien back to the big screen in exciting new ways.said Lee Guinchard, CEO of Embracer Group’s Freemode operating group, (via Deadline).
“We understand how appreciated 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 highest level of quality and production values.”.
This does not affect a deal in which Amazon acquired the television rights to Tolkien’s estate for $250 million in 2018.