by “plural” lord of the rings Movies are in the works, announced the CEO and President of Warner Bros. Discovery, David Zazlav, Thursday during the company’s fourth quarter 2022 earnings call.
Zazlav did not elaborate further on the new slate lord of the rings movies, so there is no word on the time, storyline, characters, directors, or actors.
“Warner Bros. is a storytelling company. Discovery,” Zazlav said in prepared remarks leading up to the earnings call. That part was largely to inform investors that the internal turmoil that saw the combination of Warner Bros. was over. – which owns brands like HBO and CNN – with Discovery, and that all the focus is now on the subject. “We believe we have the strongest arm in the industry,” he said, continuing with a poker metaphor, “with the most complete portfolio of assets … across sports, news, nonfiction and entertainment.
The original lord of the rings films, based on JRR Tolkien’s beloved books, were released from 2001 to 2003 and were the brainchild of legendary director Peter Jackson. Those three films brought in nearly $3 billion in box office revenue. They were followed about ten years later The Hobbit trilogy, which Guillermo del Toro brought into the fold. Like the original LOTR films, the second trilogy grossed nearly $3 billion in revenue, but more than doubled the initial budget. They were released in December 2012, 2013, and 2014.
Later, the LOTR franchise got a bit of a reboot The Rings of Power2022 series released on Amazon Prime Video.
Also on the earnings call, Zazlav said a media event on April 12, 2023, would shed more light on the upcoming changes to HBO Max and Discovery+ streaming services. It is widely believed that HBO Max – the more expensive of the two services – will acquire Discovery content while keeping its higher-rated series and movies. But Discovery+ is no longer expected to disappear in its entirety.
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