Warner Bros, owned by Warner Bros Discovery,
said it had reached a multi-year agreement to collaborate on new
films with Middle-earth Enterprises, a unit of Embracer Group
AB.
"The Lord of the Rings" film trilogy, which began in 2001, won
17 Oscars. Three "Hobbit" films were released starting in 2012.
The six films, directed by Peter Jackson, hauled in more than $6
billion at global box offices.
"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 Michael De Luca and Pam Abdy said in a
statement.
(Reporting by Lisa Richwine; Editing by Caitlin Webber)
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