Warner Bros. Discovery CEO David Zaslav initially announced the news during an earnings call, stating thatPeter Jacksonwill be producing the project alongside his writing duo Fran Walsh and Philippa Boyens.

Although the film was said to be in the early stages of development and without a title, this all changed when the studio dropped a press release later this morning.

The upcomingLord of the Ringsmovie will focus on Andy Serkis’s Gollum, and the working title currently set as Lord of the Rings: The Hunt for Gollum.

As well as Serkis’ return to the role, he’s set to direct. Meanwhile, Walsh, Boyens, and Jackson — who helmed the original film trilogy and the Hobbit flicks — “will be involved every step of the way.”

This confirms earlier reports stating that instead of rebooting the original LotR film trilogy, the new batch of movies will “explore storylines yet to be told” from J. R. R. Tolkien’s fantasy book series.

The producing trio said in a statement, “It is an honour and a privilege to travel back to Middle-earth with our good friend and collaborator, Andy Serkis, who has unfinished business with that Stinker — Gollum!”

“As life long fans of Professor Tolkien’s vast mythology, we are proud to be working with Mike De Luca, Pam Abdy and the entire team at Warner Bros. on another epic adventure!”

It’s worth pointing out that the Amazon Prime Video seriesRings of Poweris not connected to Jackson’s Lord of the Rings movie world, despite some confusion.

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According to The Hollywood Reporter, Jackson and Walsh weresaidto be “frustrated” that so many fans thought they were involved in the series. And since Amazon is planning on fleshing out its LotR TV world, it could very well be that their two separate visions will have to compete with one another.

“Let Serkis cook,”saidone on X/Twitter, while anotherwrote, “This is sounding amazing.” A thirdadded, “Now, that’s some interesting news.”

For more, check out thehighest-grossing movies of all time. You can also find all of the bestnew movies to stream this month.

Daisy Phillipson is a Senior TV and Movies Writer on Dexerto’s UK Team. She’s a lover of horror, crime, psychological thrillers. After graduating with a Masters in Magazine Journalism, she’s gone on to write for Digital Spy, LADbible and Little White Lies. You can contact her at daisy.phillipson@dexerto.com