12:43pm PT by Rebecca Ford
MGM Partners With GK Films for New 'Tomb Raider' Movies
MGM will partner with GK Films to develop a new action-adventure franchise based on Tomb Raider, the popular video game series.
The project was announced Wednesday by MGM chairman and CEO Gary Barber and GK Films founder Graham King.
GK films acquired the film rights to Tomb Raider -- which follows a daredevil archeologist on a series of global missions -- in 2011 from Square Enix Ltd., an interactive entertainment company.
King will serve as producer, and development of the film will begin immediately. Casting has yet to be announced.
Two feature films have been made based on the Lara Croft video game, which debuted in 1996. Angelina Jolie starred in Paramount's 2001 release Lara Croft: Tomb Raider and its 2003 sequel Lara Croft Tomb Raider: The Cradle of Life. The films grossed a combined $432 million worldwide.
Square Enix released a reboot of the video game series, titled Tomb Raider, on March 5.
MGM and Paramount release the action sequel G.I. Joe: Retaliation on March 28, and the studio is in preproduction on the Brett Ratner-helmed film Hercules, starring Dwayne Johnson. Other pics on MGM’s slate include Carrie (with Sony’s Screen Gems), due Oct. 18, and The Hobbit: The Desolation of Smaug (with New Line/Warner Bros.), set for Dec. 13.