Until LotR actually happens (which could be never), there will always be rumors/people wanting it coming to Universal. Always and forever.
And yet Ready Player One isn’t hot itself and the Metaverse kind of isn't even a real thing. It's being propped up so companies can make it a thing. Free Guy and did RP1 way better than RP1, anyway. I'm not sure if you guys remember, but RP1 wasn't all that good of a movie, nor was the world all that captivating.