Why not turn The Hobbit into five movies? or ten?
Warner Bros. and New Line Cinema have brokered a multiyear deal with Embracer Group to develop moretrilogy in the early 2000s, but last year, Embracer purchased the rights holder, Middle-earth Enterprises, giving the Swedish company the rights to most thingsincluding movies, video games, merch, theme parks, and live shows. Amazon holds the television rights and currently producesalthough these rights are limited to certain stories and characters.
In a statement on a Warner Bros. Discovery investors’ call, film executives Michael De Luca and Pamela Abdy said that “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.
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