The Tomb Raider Movie Reboot in Turmoil

The Tomb Raider Movie Reboot in Turmoil

MGM has lost the right to the Tomb Raider movie reboot.

As such, a bidding war for the IP has erupted, according to The Wrap.

Apparently, MGM had until May of this year to greenlight a sequel to 2018’s Tomb Raider, starring Alicia Vikander.

Unfortunately for MGM, that window has passed.

Since then, the IP has entered the free market, meaning several Hollywood studios can bid on the rights.

Vikander is no longer attached to the project.

Insiders close to the situation have stated how the new movie would be a complete reboot, with no cast or director commitments attached.

Previously, a sequel had been toyed with, with Lovecraft Country‘s showrunner Misha Green attached to write and direct.

However, that fell through, and the project spiralled into production hell.

Of course, back in May, Embracer Group acquired Crystal Dynamics and all corresponding IP – including Tomb Raider – from Square Enix.

Back then, Embracer CEO Lars Wingefors noted how the company saw,great potential, not only in sequels but also in remakes, remasters, spinoffs as well as transmedia projects across the Group.

Time will tell what becomes of the Tomb Raider movie franchise.