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  1. #1
    Atomic Punk chefcraig's Avatar
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    Uh-oh: Don't Get Too Excited About That New Hobbit Movie Just Yet...

    (Yeah, there is a thread someplace, yet this is Breaking News, and therefore should not be buried... )

    Tolkien estate sues New Line Cinema

    By ALEX VEIGA, AP Business Writer 39 minutes ago

    The estate of "Lord of the Rings" creator J.R.R. Tolkien is suing the film studio that released the trilogy based on his books, claiming the company hasn't paid it a penny from the estimated $6 billion the films have grossed worldwide.

    The suit, filed Monday, claims New Line was required to pay 7.5 percent of gross receipts to Tolkien's estate and other plaintiffs, who contend they only received an upfront payment of $62,500 for the three movies before production began.

    The writer's estate, a British charity dubbed The Tolkien Trust, and original "Lord of the Rings" publisher HarperCollins filed the lawsuit against New Line Cinema in Los Angeles Superior Court. If successful, it could block the long-awaited prequel to the films.

    Robert Pini, a spokesman for Time Warner Inc.'s New Line, declined to comment.

    The films 2001's "The Lord of the Rings: The Fellowship of the Ring," 2002's "The Lord of the Rings: The Two Towers," and 2003's "The Lord of the Rings: The Return of the King" have reaped nearly $6 billion combined worldwide, according to the complaint.

    The estimate includes everything from box office receipts to revenue from sales of DVDs and other products.

    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 by New Line 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.

    The lawsuit claims J.R.R. Tolkien established a trust through which he signed a film deal in 1969 with United Artists. After Tolkien's death, his heirs created the charity in the author's name.

    Meanwhile, the original agreement terms were picked up by Hollywood producer Saul Zaentz, who produced an animated film in 1978 based on the "Rings" books, and eventually licensed the rights to make live-action films to New Line.

    Lawyers for the plaintiffs said they have spent the years since the movies hit theaters trying to negotiate a settlement with New Line.

    Other disputes over the film's earnings have surfaced in recent years.

    In 2004, Zaentz sued New Line, claiming the studio cheated him out of $20 million in royalties from the film trilogy, which he optioned to New Line for a percentage of the movies' profits.

    He and the film studio reached an out-of-court settlement a year later.

    Jackson's production company also tangled with New Line in 2005 over profits from the films. A lawsuit was settled last year.


    http://news.yahoo.com/s/ap/20080211/...olkien_lawsuit
    Last edited by chefcraig; 02.11.08 at 03:27 PM.
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
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  2. #2
    carpe damn diem billy007's Avatar
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    Quote Originally Posted by chefcraig View Post
    Meanwhile, the original agreement terms were picked up by Hollywood producer Saul Zaentz, who produced an animated film in 1978 based on the "Rings" books, and eventually licensed the rights to make live-action films to New Line.

    Lawyers for the plaintiffs said they have spent the years since the movies hit theaters trying to negotiate a settlement with New Line.

    Other disputes over the film's earnings have surfaced in recent years.

    In 2004, Zaentz sued New Line, claiming the studio cheated him out of $20 million in royalties from the film trilogy, which he optioned to New Line for a percentage of the movies' profits.

    He and the film studio reached an out-of-court settlement a year later.
    Is this the same guy that sued John Fogerty for sounding like...John Fogerty?

  3. #3
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  4. #4
    Atomic Punk chefcraig's Avatar
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    Quote Originally Posted by billy007 View Post
    Is this the same guy that sued John Fogerty for sounding like...John Fogerty?
    Holy shit! IT IS!

    Good eye, billy-I completely missed that!

    Yup, that's how we got "Zantz (later renamed VANCE) Can't Dance" on "Center Field". The name change was due to more legal entanglement threatened by Saul Zaentz, who at the time was amidst the Fogerty songwriting dispute.

    http://en.wikipedia.org/wiki/Saul_Zaentz
    Last edited by chefcraig; 02.11.08 at 04:14 PM.
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
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  5. #5
    Atomic Punk
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    I wouldn't say that I'm "Excited" about the Hobbit movie.

    People who are excited look like this:

    "Nothing is ever what it seems but everything is exactly what it is." - B. Banzai


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  6. #6
    Atomic Punk chefcraig's Avatar
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    Quote Originally Posted by Axxman300 View Post
    I wouldn't say that I'm "Excited" about the Hobbit movie.

    People who are excited look like this:

    Triumph the Insult Comic Dog - Star Wars (10:28)
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
    George Bernard Shaw

  7. #7
    Sinner's Swing! Bullwinkle's Avatar
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    Quote Originally Posted by chefcraig View Post
    Triumph the Insult Comic Dog - Star Wars (10:28)

    "...And which of these buttons calls your parents to pick you up?"







    Don't read this.

  8. #8
    Atomic Punk chefcraig's Avatar
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    Quote Originally Posted by Bullwinkle View Post
    "...And which of these buttons calls your parents to pick you up?"
    "Ahhh...you are pregnant with a nerd, when are you do?...yes, this may be the last time he sees female genitalia..."
    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
    George Bernard Shaw

  9. #9
    Atomic Punk LLFHS's Avatar
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    If memory serves, New Line doesnt have the best track record when it comes to paying up. Didnt they try to stiff Jackson his due as well?
    LowLifeFlatHeadScum

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  10. #10
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    Quote Originally Posted by LowLifeFlatHeadScum View Post
    If memory serves, New Line doesnt have the best track record when it comes to paying up. Didnt they try to stiff Jackson his due as well?
    Yup.

  11. #11
    Atomic Punk Viking's Avatar
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    The "Lord of the Rings" movies were pretty good, but I'm not exactly chomping at the bit waiting for the next ones to come along.

    The studio should buck up though and pay what is owed to the Tolkien estate.
    "Viking - last to sleep, first to rise, last to leave, that's how the Nords of old rocked the house." ~ timmac in the 'Texas Linkers' thread talking about yours truly. :-)

  12. #12
    Atomic Punk WinterlessIceness's Avatar
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    I think after such an announcement of few weeks ago New Line would be better off paying whatever compensation the Tolkien Estate seeks than canceling the movies.

    Knowing New Line though they can get away with both. They never paid Jackson anything regardless his lawsuit.

 

 

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