Friday, 23 May 2008

Lord of the Rings heirs sue New Line Cinema

Lord of the Rings heirs sue New Line Cinema



The heirs to the estate of the realm of generator JRR J.R.R. Tolkien are suing the producer of 'The Divine of the Rings' movies, New Line Celluloid, o'er profits from the megahit trilogy.
The trustees of the writer's Brits charity, The Tolkien Reliance, and the master publishers of 'The Overlord of the Rings', HarperCollins, accept cited a failure to pay up a contractually agreed 7.5% of gross gain for the triad films based on 'The Godhead of the Rings' novels.
They are quest in surfeit of $150m in compensatory redress, unspecified punitive damages and a court fiat giving the trust a right to terminate New Line's rights to make more films based on the author's ketubim, including 'The Hobbit', according to the assertion.
The suit follows 'Lord of the Rings' theatre director Peter Jackson's suit against Fresh Line for underpayment that was settled in December. When that trade was finalised, Jesse Jackson signed on to be executive producer of 'The Hobbit'.
Fresh Line, a division of global media pudding stone Time Warner Iraqi National Congress, declined to gossip on the newly suit of clothes.
A statement from the trustees said: "New Line has not paid the plaintiffs even one penny of its contractual parcel of revenue receipts scorn the billions of dollars of revenue taxation generated by these wildly successful motion pictures."
"To create matters worse, to date Fresh Line has even prevented the plaintiffs from auditing the last deuce films of the series."
The trustees were paid an upfront fee of about $62,D in an "upfront subsequence fee" and nada more, legal guardian spokesman Lonnie Soury said.
The trey movies, 'The Lord of the Rings: The Fellowship of the Ring', 'The Lord of the Rings: The Twin Towers' and 'The Maker of the Rings: The Return of the King', took in nigh $3bn at worldwide box offices.