Oh, dear, we ARE in trouble...
New Line Cinemas made three movies that came out in 2001, 2002 and 2003. These films were based on JRR Tolkien's "Lord of the Rings" trilogy and were hugely successful. You may have seen them. New Line had a contract with Tolkien's estate in which it agreed to pay a royalty of 7.5% of gross receipts for all movie ticket sales, DVD sales and merchandising sales based on these three films.
Seems the Tolkien Estate thinks that New Line hasn't lived up to its agreement. The Tolkien estate has sued them for breach of contract and damages in Los Angeles; suit was filed on 12 February 2008.
This is evidently not the first time that New Line has gotten the boot applied to its backside over money generated from these films.
You can read the AP story at FindLaw.com.
Seems the Tolkien Estate thinks that New Line hasn't lived up to its agreement. The Tolkien estate has sued them for breach of contract and damages in Los Angeles; suit was filed on 12 February 2008.
This is evidently not the first time that New Line has gotten the boot applied to its backside over money generated from these films.
You can read the AP story at FindLaw.com.
Labels: breach, contract, Lord of the Rings, New LIne Cinema, Tolkien, Tolkien estate
posted by Nancy Delain at
11:11 AM
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