If there is a successful franchise in recent movie history, it is “The Lord of the Rings.”
All the films, the six that were made (divided into two trilogies), achieved extraordinary profits.
This is why it was only a matter of time before the owners of their rights decided to revive the stories of hobbits, rings and towers.
All of the Lord of the Rings films were critical and commercial successes. “The Return of the King,” the final film in the first trilogy, won 11 Academy Awards, tying Ben-Hur and Titanic for the most Oscars won by a single film.
The Hobbit films were also profitable, although they received mixed reviews from specialists and fans alike.
In total, the six films in the franchise generated more than $5.8 billion at the worldwide box office, making it one of the highest-grossing film ensembles of all time, according to Statista.
The Lord of the Rings trilogy alone grossed more than $2.9 billion worldwide, with The Return of the King grossing more than $1.1 billion. It was, without a doubt, the highest grossing film in the franchise.
The Lord of the Rings trilogy consists of three films: The Fellowship of the Ring (2001), The Two Towers (2002) and The Return of the King (2003).
The Hobbit trilogy includes An Unexpected Journey (2012), The Desolation of Smaug (2013) and The Battle of the Five Armies (2014).
All were directed by Peter Jackson and produced by WingNut Films and New Line Cinema.
Warner revives The Lord of the Rings franchise
In an earnings call this Thursday, February 23, Warner Bros Discovery CEO David Zaslav announced that the company negotiated a deal to make “multiple movies” based on JRR Tolkien’s books.
The projects will be developed through the New Line Cinema label, owned by Warner Bros.
Financial results from Warner Bros. Discovery.
So far, it has not been confirmed which director will be in charge of bringing the franchise back to the cinema, but in a statement sent to VarietyJackson said Warner Bros. “kept him informed every step of the way.” And he added: “We hope to continue talking with them to hear what they plan to do with the franchise.”
You have to remember that Amazonwhich MGM bought, owns the television rights to the franchise. So far, it produced a single season with a multi-billion investment of more than 455 million dollars in 2022.
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