Warner Bros. Discovery making new
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Warner Bros Discovery will revisit Middle-earth after penning a deal with New Line Cinema to produce "multiple" film adaptations of "The Lord of the Rings" and "The Hobbit," Warner Bros. Discovery's CEO David Zaslav said Thursday in an earnings call. This latest Middle-earth cinematic universe expansion forms part of a larger strategy to lean into a catalog of tried-and-true movie franchises that executives hope will boost the company's streaming numbers. "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," Warner Bros. Pictures Group Co-Chairs and CEOs Michael De Luca and Pam Abdy said in a statement following the announcement. Sean Astin and Elijah Wood in "The Lord of the Rings: The Fellowship of the Ring" (2001). Warner Bros. Discovery executives hope the newly annou...