The ‘Lord of the Rings’ film series is in the works at Warner Bros.

(CNN) It’s one of the most beloved movie series of all time, but Peter Jackson “the Lord of the Rings” The trilogy only scratched the surface of the rich world Middle Earth Created by JRR Tolkien.

Multiple new movies have been set. Middle Earth David Zaslav, CEO of Warner Bros. Discovery, on Thursday on an earnings call, after studio executives Mike De Luca and Pam Abdi signed a deal with Freemode, a division of Swedish entertainment company Embracer Group, which acquired the rights to the film. Tolkien worked in August last year. (Warner Bros. Discovery is the parent company of CNN.)

Warner Bros. will produce. The films, along with sister company New Line Cinema and Freemode, “expand on the beloved world and characters of Middle-earth,” a statement from Embracer said.

Currently, animation productions from New Line and Warner Bros. are being produced. For the anime movie “The Lord of the Rings: War of Rohirrim”, a story set 183 years before the events of “The Lord of the Rings”, which chronicles the fate of Helm Hammerhand, King of Rohan.

Neither the cost of the deal nor the creative team was disclosed, though Jackson and collaborators Fran Walsh and Philippa Bowen told CNN in a statement that Warner Bros. and Embracer have kept them “in the loop” and that they “look forward to speaking with them as well to hear their vision for the franchise moving forward.”

Jackson’s original trilogy, released between 2001 and 2003, was widely acclaimed, winning 17 Academy Awards and grossing nearly $3 billion at the box office.

Other adaptations of Tolkien’s books have since been produced for screens both big and small.

Jackson’s “The Hobbit” trilogy of films has also brought in nearly $3 billion in global revenue, while Amazon, which owns the TV rights to “The Lord of the Rings,” will release its first season of “The Rings of Power” in 2022.

“Twenty years ago, New Line took an unprecedented leap of faith to bring the incredible stories, characters, and world of The Lord of the Rings to life on the big screen,” Di Luca and Abdi said in a statement.

“But despite the scope and detail lovingly filled in the two trilogies, the vast, complex, and exhilarating universe dreamed up by J.R.R. Tolkien remains largely unexplored in the film. The opportunity to invite fans deeper into the cinematic world of Middle-earth is an honor,” they added.