Metro Golden Mayer loses the Tomb Raider movie rights

MGM has lost the film rights to «Tomb Raider,» based on the popular video game, the website TheWrap reported today. MGM had till May of this year to greenlight a «Tomb Raider» sequel, and the window passed. The 2018 «Tomb Raider» earned nearly $275 million at the global box office. A sequel to the 2018 «Tomb Raider» film had «Lovecraft Country» showrunner Misha Green attached to write and direct at one point, but that has fallen apart.

Alicia Vikander, who starred as Lara Croft in 2018’s “Tomb Raider” is no longer attached to the project. Insiders add it’s a complete reboot and there are no casting or director commitments. Rights reverted to the game company.

Producer Graham King and his GK Films banner acquired the «Tomb Raider» rights in 2011 from Square Enix, and is considering the offers. Back in May, Embracer acquired «Tomb Raider» game developer Crystal Dynamics and all corresponding IP from Square Enix in a deal worth $300 million. In the company’s Q4 and full year financial report, Embracer CEO Lars Wingefors said he sees «great potential, not only in sequels, but also in remakes, remasters, spinoffs as well as transmedia projects» for «Tomb Raider».

Font: https://www.thewrap.com/mgm-tomb-raider-movie-rights-bidding-war-exclusive/