In an announcement on Tuesday, Edgar Rice Burroughs, Inc. said that they have regained the rights to the John Carter franchise and are looking for a new partner to develop films based on the eleven Mars novels by Burroughs.
Disney of course was the studio who most recently controlled the rights and made a feature film starring Taylor Kitsch. The film bombed and it reportedly lost Disney $200 million.
Many fans enjoyed the Disney film and want to see more, but doing a sequel to a movie that flopped so bad would be very difficult. The company may be better off finding a different avenue for the property… maybe a television series or a deal with Amazon or Netflix.
The rights to create comics based on the characters had recently been settled and a new John Carter: Warlord of Mars series from Dynamite Entertainment kicks off in November.