Open

Coming up

Don't miss

Replay


LATEST SHOWS

INSIDE THE AMERICAS

Uruguay: freed Guantanamo detainees try to adjust to normal life

Read more

MIDDLE EAST MATTERS

Turkey: Inside the Alevi community

Read more

FOCUS

China: A tense Christmas in Wenzhou

Read more

DEBATE

Pope's Scathing Tidings: Pontiff Blasts 'Illnesses' at Vatican's Heart (part 2)

Read more

DEBATE

Pope's Scathing Tidings: Pontiff Blasts 'Illnesses' at Vatican's Heart

Read more

WEB NEWS

Gaza children draw what their future will look like

Read more

MEDIAWATCH

Catholic cardinals get coal for Christmas from Pope Francis

Read more

IN THE PAPERS

François Hollande's Christmas wish list

Read more

MEDIAWATCH

Embedded with the Islamic State Group

Read more

New Line Cinema sued over 'Rings' profits

Latest update : 2008-02-12

The estate of author J.R.R. Tolkien and Rupert Murdoch's HarperCollins Publishers sued the producer of the "Lord of the Rings" trilogy, New Line Cinema, in a fight over profits.

The  estate of author J.R.R. Tolkien and Rupert Murdoch's HarperCollins Publishers sued the producer of the "Lord of the Rings" movies, New Line Cinema, on Monday in a fight over profits from the blockbuster trilogy.
 

The trustees of the writer's British charity, and News Corp's HarperCollins cited a failure to pay a contractually agreed 7.5 percent of gross profit for the three films based on the "Lord of the Rings" novels.
 

The suit follows "Rings" director Peter Jackson's lawsuit against New Line for underpayment that was settled in December.  When that deal was finalized, Jackson signed on to be executive producer of "The Hobbit," also based on a Tolkien novel.
 

New Line, a division of global media conglomerate Time Warner Inc, declined to comment on the new suit.
 

The trustees and HarperCollins are seeking in excess of $150 million in compensatory damages, unspecified punitive
damages and a court order giving the trust a right to terminate New Line's rights to make more films based on the author's
writings, including "The Hobbit," according to the 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," the trustees's U.K. lawyer Steven Maier said in a statement. "To make matters worse, to date New Line has even prevented the plaintiffs from auditing the last two films of the series."
 

The trustees were paid an upfront fee of about $62,500 in an "upfront sequel fee" and nothing more, trustee spokesman
Lonnie Soury said. The three movies: "The Lord of the Rings: The Fellowship of the Ring," "The Lord of the Rings: The Twin Towers" and "The Lord of the Rings: The Return of the King" took in nearly $3 billion at worldwide box offices.

Date created : 2008-02-12

COMMENT(S)