Tolkien trust sues studio over 'Rings'February 12, 2008 – Article
The charitable trust of "Lord of the Rings" creator J.R.R. Tolkien sued New Line Cinema Corp. on Monday for allegedly cheating it out of at least $150 million from the blockbuster movie trilogy based on the late British author's fantasy sagas.
The London-based Tolkien Trust said in its complaint, filed in Los Angeles Superior Court, that under a 1969 contract with the studio that held the original rights to the work, the trust and other plaintiffs were entitled to 7.5% of gross receipts, "less certain expenses," from the films and related products. According to the suit, worldwide grosses from the trilogy have reached nearly $6 billion.
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