Tomb Raider sequel cancelled after MGM loses rights; A new reboot in the works
The movie rights have reverted to video game publisher Crystal Dynamics and they're looking to find a new home for the movie franchise.
MGM studios waited too long to greenlit the sequel to the 208 Tom Raider which stared Alicia Vikander as the iconic Lara Croft.
The movie is based on the popular video game franchise and was brought back to the big screen in 2018 serving as a reboot of the movie franchise.
MGM had till May to greenlit the sequel but failed to do so and now according to reports, Hollywood studios are in a bidding war to secure the rights.
The trade confirms that Vikander is no longer attached to the property as this next iteration will be a total reboot.
Despite mixed reactions from fans, the 2018 movie was a moderate success grossing 274 million dollars worldwide and the studio had plans for a sequel.
The studio had spent the past few years trying to make the sequel a reality, with Ben Wheatley (Free Fire) departing the project before Lovecraft Country showrunner Misha Green came on board to write and direct.
Both versions didn't pan out, so we'll never know what might have been.
It is clear that there is room for a movie franchise starring Lara Craft after all the recent Uncharted movie starring Tom Holland also based on a video game franchise and one which was heavily influenced by the tomb raider games was a box office success.
We will have to wait and see who will be stepping into the role of Lara Craft in the new reboot and also who will be directing the project.
Hopefully, we will get more details in the coming months.