'Multiple' Lord of the Rings Movies Are Now in Development

Warner Bros. is developing “multiple” films based on J.R.R.

Tolkien’s Hobit and Lord of the Rings books, according to Warner Bros.

Discovery CEO David Zaslav.

The studio behind Peter Jackson’s original trilogy, New Line Cinema, will develop the new flicks.

Zaslav made the reveal during an earnings call on Thursday.

Tolkien remains largely unexplored on film."

It hits theaters next April.