Warner Bros. Pictures is revamping the “Lord of the Rings” film franchise. 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.
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New ‘Lord of the Rings’ Movies Set at Warner Bros. https://t.co/zBjuF8NzxL
— Variety (@Variety) February 23, 2023