Embracer and WB agreement means multiple new Lord of the Rings movies

During the same financial call in which Warner Bros. Discovery CEO David Zaslav revealed Mortal Kombat 12 is coming this year, he also mentioned The Lord of the Rings. Rights to adapt J.R.R. Tolkien’s stories to film were part of the spending spree Embracer Group went on last year, and the co-chairs and CEOs of Warner Bros. Pictures Group, Michael De Luca and Pam Abdy, struck a deal with Embracer to make “multiple Lord of the Rings movies,” Zaslav said. “Lord of the Rings is one of the most iconic storytelling franchises of all time, and we’re so excited.”

A press release from Embracer Group (opens in new tab) goes into it further without actually adding any more real detail, except to clarify that this is a “multi-year agreement to collaborate on feature films based on The Lord of the Rings and The Hobbit.”