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AP - 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 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.
http://apnews.myway.com/article/20080211/D8UODNFO0.html
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Friday, February 22, 2008
MOVIE INDUSTRY: INTELLECTUAL PROPERTY IS FOR US, NOT YOU
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