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There are more Lord of the Rings movies heading our way

Embracer Group AB (”Embracer”), through its wholly-owned subsidiary Middle-earth-Enterprises, part of the operative group Freemode, has together with New Line Cinema and Warner Bros. Pictures concluded a multi-year agreement to collaborate on feature films based on The Lord of the Rings and The Hobbit. The strategic agreement covers multiple feature films based on the revered works of J.R.R. Tolkien, expanding upon the much-loved world and characters of Middle-earth.

I am not sure how I feel about this. I love the books and Peter Jackson’s The Lord of the Rings trilogy was brilliant. The Hobbit movies were okay, but it shouldn’t have been three films. Then there was Amazon’s The Rings of Power, which I found incredibly disappointing with all the changes to the various characters, the condensing of the timeline and the fact that everything felt it was filmed on small sets….that’s a moan for another day. This news about new films should have me all excited but I fear nothing good will come of this. I hope I am wrong. I suppose a lot depends on what stories they are planning to tell.

The agreement comes 20 years after New Line Cinema released Peter Jackson’s epic The Lord of the Rings Trilogy. The films are among the most successful and acclaimed of all time, winning seventeen Oscars including eleven for The Lord of the Rings: The Return of the King, tying the record for a single film. The Studio re-teamed with Jackson for a trilogy of films based on The Hobbit, a co-production with Metro-Goldwyn-Mayer Pictures. Combined, the six films earned nearly $6B in box office worldwide. New Line and Warner Bros. Animation are currently in production on The Lord of the Rings: The War of the Rohirrim, an original anime set 183 years before the events in The Lord of the Rings. The film tells the fate of the House of Helm Hammerhand, the legendary King of Rohan, and marches into cinemas on April 12, 2024.

”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. Pictures, bringing the incomparable world of J.R.R. Tolkien back to the big screen in new and exciting ways. We understand how cherished these works are and working together with our partners at New Line Cinema and Warner Bros. Pictures, we plan to honor the past, look to the future, and adhere to the strongest level of quality and production values.” said Lee Guinchard, CEO of Freemode.

”Twenty years ago, New Line took an unprecedented leap of faith to realize the incredible stories, characters and world of ‘The Lord of the Rings’ on the big screen. The result was a landmark series of films that have been embraced by generations of fans. 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,” said Warner Bros. Pictures Group Co-Chairs and CEOs Michael De Luca and Pam Abdy.

This agreement is one of the deals with several industry partners, previously discussed in conjunction with Embracer’s Q3 report February 2023.

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