Former Miramax bosses Bob and Harvey Weinstein have bought the rights to the five novels behind Crouching Tiger, Hidden Dragon, it has been reported.
Crouching Tiger, Hidden Dragon was a global hit
The Weinstein Company has bought Crane - Iron Pentalogy, a series of five martial arts novels by Wang Du Lu, says trade paper Hollywood Reporter.
They plan a stage version of Crouching Tiger, and a "Lord of the Rings" style series of films with the other novels.
Crouching Tiger, starring Ziyi Zhang, was made into a film in 2000.
The Ang Lee-directed film won four Oscars, including best foreign language film.
The Weinstein brothers said they did not plan to remake Crouching Tiger - the fourth novel in the series - as a film, but are planning a theatrical production.
Harvey Weinstein said he also envisions the other four books - Crane Frightens KunLun, Precious Sword, Golden Hairpin, Sword Spirit, Pearl Light and Iron Knight, Silver Vase - on stage and screen.
"I think this an opportunity to create something revolutionary," he said.
"They will in effects serve as prequels and sequels to Crouching Tiger."
The books follow several generations of a fighting family during the Qing dynasty.