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One lawsuit to bind them ...

2:48 PM Mon, Feb 11, 2008 |
Michael Merschel   E-mail   News tips

The estate of J.R.R. Tolkien is suing New Line Cinema over the "Lord of the Rings" movies, saying it was underpaid.

The plaintiffs say the films made $6 billion. Wow. That's enough to buy every Hobbit in the shire a couple of rings, with enough left over for a foot waxing.


Says AP:

The plaintiffs seek more than $150 million in compensatory damages, unspecified punitive damages and a court order giving the Tolkien estate the right to terminate any rights New Line may have to make films based on other works by the author, including “The Hobbit.”
Such an order would scuttle plans New Line has in the works to make a two-film prequel based on “The Hobbit.”
“Rings” trilogy director Peter Jackson has already signed on to serve as executive producer on the project, which is tentatively slated to begin production next year, with releases planned for 2010 and 2011.
“The Tolkien trustees do not file lawsuits lightly, and have tried unsuccessfully to resolve their claims out of court,” Steven Maier, an attorney for the Tolkien estate based in Britain, said in a statement. “New Line has not paid the plaintiffs even one penny of its contractual share of gross receipts despite the billions of dollars of gross revenue generated by these wildly successful motion pictures.”
Maier also claims the film studio has blocked the Tolkien estate and the other plaintiffs from auditing the receipts of the last two films.


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