The Hobbit Movie In Doubt Again.
Written by ady on February 12, 2008 – 12:56 am -New Line are being sued yet again for alleged monies owed, this time to The Tolkien charity estate in the United Kingdom.
The suit, which was filed today (Monday) claims the Tolkien estate and “other” claimants were paid a total of $62 500 as a down payment on the agreed 7.5% of gross profit before shooting began. However, once the movies had been released and grossed around $6 billion worldwide, despite several requests, no other payments have been made.
As if that weren’t bad enough, the plaintiffs are also seeking a court order to give the Tolkien estate the right to remove any rights New Line have to make any other movies based on the works of Professor Tolkien and that includes The Hobbit.
A statement by the lawyer repesenting The Tolkien estate read:
“The Tolkien trustees do not file lawsuits lightly, and have tried unsuccessfully to resolve their claims out of court. 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.”
He also claimed New Line had prevented them from auditing the last two movies, a claim surprisingly similar to the Jackson v New Line farce.
Source: SFGate
Posted in The Hobbit Movie |
February 20th, 2008 at 11:26 pm
Oh no!!!
February 29th, 2008 at 3:01 pm
profits? what profits? With all those special effects and expensive marketing we didn’t even come out even! Oh well, what can you do!
Those hollywood suits are amazing.