Hollywood In Frenzy Over ‘Tomb Raider’ Film Rights
Tomb Raider’s film rights are up for grab!
Studios and streaming services are competing for Tom Raider’s film rights, which were previously owned by MGM but has now been restored to producer Graham King and his GK Films.
Opening bids were accepted last week, but the situation has now deteriorated into a bidding war.
Alicia Vikander appeared in the 2018 Tomb Raider reboot for MGM and GK Films, which grossed $275 million worldwide and was set to be followed by a sequel helmed by Lovecraft County creator Misha Green.
That project is no longer in the works, and the role is expected to be recast.
The news was first reported by The Wrap.
MGM, which was recently sold to Amazon, was connected to Tomb Raider through a 2013 contract with GK Films, which purchased the film rights from Square Enix in 2011.
MGM did not respond to a comment request.
Prior to Tomb Raider’s tenure at MGM, Angelina Jolie appeared in two Paramount films based on the character: Lara Croft: Tomb Raider (2001) and Lara Croft Tomb Raider: The Cradle of Life (2001). (2003).
These films grossed a total of $432 million worldwide.
The property first appeared in video games in 1996.
The bidding war occurs at a time when studios and streamers are more hungry than ever for well-known intellectual property.
According to one source, the situation is a “feeding frenzy.”