New ‘Lord of the Rings’ Movies Set at Warner Bros.

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Matt Donnelly Senior Film Writer 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 series. The films will be developed through WB label New Line Cinema. The first series of films, helmed by Peter Jackson, grossed nearly $3 billion worldwide.

Embracer Group AB made the deal with he studio for adaptations of “Lord of the Rings” and “The Hobbit.” “Following our recent acquisition of Middle-earth Enterprises, we’re thrilled to embark on this new collaborative journey with New Line Cinema and Warner Bros.

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