The Wrap.“But for all the scope and detail lovingly packed into the two trilogies, the vast, complex and dazzling universe dreamed up by J.R.R.
Tolkien remains largely unexplored on film. The opportunity to invite fans deeper into the cinematic world of Middle-earth is an honor, and we are excited to partner with Middle-Earth Enterprises and Embracer on this adventure.”The cost of the deal made between Warner Bros., New Line Cinema and Embracer Group — the current rights holders to Tolkien’s novels — has yet to be released.
Meanwhile, Amazon’s series, “The Ring of Power,” purportedly cost over one billion and Amazon paid a whopping $250 million for the rights.Embracer acquired the rights to the books last year when it purchased Middle-Earth Enterprises from The Saul Zaentz Company.
The company holds the rights for motion picture, stage, and video game adaptations of the “Lord of the Rings” trilogy, as well as its prequel, “The Hobbit.”No filmmakers have been named for the project yet, but Peter Jackson, who helmed the first trilogy, and his main collaborators Fran Walsh and Philippa Boyens told Variety that Warner Bros.
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