The David Zaslav-led studio hopes to woo back Peter Jackson for more installments. But as Amazon bets big on its $1 billion series, insiders worry that Tolkien's franchise isn't big enough for two rival visions.
All of which made the Feb. 23 announcement by Warners almost Westeros-level brutal: Now the studio is going to makeAs Warner Bros. Discovery CEO David Zaslav declared in the company’s earnings call, Warners Bros. and New Line Cinema made a multiyear deal with Embracer Group to make newmovies.
The reveal comes at a precarious time for Warners, with the studio admitting a $2.1 billion loss in Q4. Like many studios, the company seems to be circling its wagons ever tighter around familiar IP, focusing on surefire brands like DC. Though there are no scripts yet, one insider suggests to
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