“We understand how cherished these works are and working together with our partners at New Line Cinema and Warner Bros. Tolkien back to the big screen in new and exciting ways,” said Lee Guinchard, CEO of Freemode.

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“Following our recent acquisition of Middle-earth Enterprises, we’re thrilled to embark on this new collaborative journey with New Line Cinema and Warner Bros. Their exit followed the acquisition of MGM by Amazon - the tech giant owns the TV rights to “Lord of the Rings” and produced a single season of television at the gut-busting price of over $450 million in 2022. Notably, De Luca and Abdy left MGM last year to take the helm of Warner Bros. “We look forward to speaking with them further to hear their vision for the franchise moving forward,” Jackson, Walsh and Boyens said.įreemode, a division of Embracer Group, made the adaptive rights deal for books including “The Lord of the Rings” and “The Hobbit.” The pact will be billed under the name Middle-earth Enterprises.

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