Friday, February 24, 2023

Warner Bros Renews Lord of the Rings Movie Rights

Warner Bros has reached an agreement with the new owner of The Lord of the Rings movie rights. Embracer Group, a Swedish media holding company, bought Middle-Earth Enterprises from the previous owner Saul Zaentz who had died granting them ownership of the rights. The new deal, whose terms was not released, allows Warner Bros to continue to make movies based on material found in The Hobbit and The Lord of the Rings books including the Appendixes where there is of rich detail to mine about the world of Middle-Earth. 

This has no impact on Amazon's The Power of the Rings as that was the rights for TV. WB was already working on movies within the franchise with the announced animated movie The Lord of the Rings: The War of the Rohirrim that is set 183 years before that tells the story of Helm's Deep (the location of the big battle in The Two Towers) and currently set for release on April 12, 2024. This just means there will likely be more movies set at different points in Middle-Earth history. Considering the age of the Hobbit and LOTR cast, its doubtful that any plans will involve them. There is also rumors of remakes of the LOTR trilogy but that seems unlikely too as the first trilogy remains a cash cow for the company.

The creators of the movie trilogies, Peter Jackson and his writing partners Fran Walsh and Philippa Boyens said “Warner Brothers 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.” This does not mean the team is producing a new movie, more then likely it was a gesture of respect with hope it might wet their appetite to consider working on the franchise once again.

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