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Pending regulation, the Netflix-Warner merger will give Netflix control over The Lord of the Rings films

Chen G.
Mithlond

Dec 5, 1:34pm

Post #1 of 2 (134 views)
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Pending regulation, the Netflix-Warner merger will give Netflix control over The Lord of the Rings films Can't Post

Netflix had announced that its acquisition of Warner Borthers "was unanimously approved by the Boards of Directors of both Netflix and WBD." This would give Netflix control over the Lord of the Rings films.

My understanding is the intention to keep Michael de Luca and Pamela Abdy in charge: after the reputation they had cultivated for themselves this last year, it would be PR suicide to replace them. de Luca, in particular, is a big fan of the book and was instrumental to bringing
The Lord of the Rings to New Line Cinema (and, by extension, Warners) to begin with.

Netflix had already expressed an interest in this property: during the bidding for the (separate) television rights, Netflix actually bid "tens of millions" MORE than Amazon prime. They actually pitched the Aragorn premise that would later be temporarily considered by Amazon, and that's obviously related to the premise of The Hunt for Gollum.

Note, however, that this transaction is far from over, since it's expected to face stiff scrutiny from the regulators, especially given the prominence of both Netflix and HBO in the streaming market.


(This post was edited by Chen G. on Dec 5, 1:37pm)


OldestDaughter
Nargothrond


Mon, 5:02pm

Post #2 of 2 (81 views)
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I will be honest, I don't know how to feel about this [In reply to] Can't Post

I rather have Amazon have gotten more of the rights so they can continue to combine and connect the Rings of Power more into the films than they already have (That being said, I already watch the show and films as one big universe, even if there are some disconnections, they are small enough I can see it as one big thing) but after some of Netflix's issues with their current shows (I'm sorry, not a fan of the way the Witcher went) I don't know how well they would do with having the Middle-earth license, and even the Game of Thrones. Maybe I'm looking into this with little faith, but I don't know how to feel about it.

 
 

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