Middle Earth is back: 'Multiple' Lord Of The Rings films on the way

New films based connected JRR Tolkien's Lord of the Rings books and The Hobbit are successful the works, Warner Bros has confirmed.

Chief executive, David Zaslav, announced the franchise revamp connected Thursday during an net call, confirming that a woody had been brokered to marque "multiple" films based connected the works implicit a fig of years.

Swedish gaming institution Embracer Group bought the adaptive rights to astir of Tolkien's enactment including Lord Of The Rings and The Hobbit past year.

As yet nary fig has been placed connected the deal, which volition beryllium billed nether the sanction Middle-earth Enterprises.

Warner Bros accumulation institution New Line Cinema produced the Lord Of The Rings trilogy betwixt 2001 and 2003.

Directed by Peter Jackson, the movies grossed astir $3bn (£2.5bn) astir the world, with the 3rd movie, The Return of the King, winning 11 Oscars including champion representation astatine the Academy Awards.

The phantasy movies, astir a radical of companions attempting to destruct a almighty ringing and prevention Middle-earth from evil, starred actors including Elijah Wood, Cate Blanchett, Orlando Bloom and Liv Tyler.

Speaking astir the caller project, the New Zealand director, on with his Lord Of The Rings collaborators Fran Walsh and Philippa Boyens said successful a connection to Variety that "[Warner Bros and Embracer] person kept america successful the loop each measurement of the way" astir the caller films.

They added: "We look guardant to speaking with them further to perceive their imaginativeness for the franchise moving forward."

Lee Guinchard, the main enforcement of Embracer Freemode said successful a statement: "Following our caller acquisition of Middle-earth Enterprises, we're thrilled to embark connected this caller collaborative travel with New Line Cinema and Warner Bros Pictures, bringing the incomparable satellite of JRR Tolkien backmost to the large surface successful caller and breathtaking ways.

"We recognize however cherished these works are and moving unneurotic with our partners astatine New Line Cinema and Warner Bros Pictures, we program to honour the past, look to the future, and adhere to the strongest level of prime and accumulation values."

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Embracer owns the rights to The Lord of the Rings films, games, merchandise, taxable parks and unrecorded productions.

The caller heads of the Warner Bros movie division, Mike De Luca and Pam Abdy, who oversee Warner films and New Line said the accumulation institution "took an unprecedented leap of faith" erstwhile making the archetypal trilogy implicit 20 years ago.

Hinting that the caller films would absorption connected different contented successful the books, alternatively than re-visit the contented of the erstwhile films, they added: "For each the scope and item lovingly packed into the 2 trilogies, the vast, analyzable and dazzling beingness dreamed up by JRR Tolkien remains mostly unexplored."

A timeline for movie accumulation oregon merchandise is yet to beryllium released.