Lord of the Rings heirs sue New Line Cinema
The heirs to the the three estates of author JRR John Ronald Reuel Tolkien ar suing the producer of 'The Lord of the Rings' movies, Fresh Line Cinema, over net income from the blockbuster trilogy.
The trustees of the writer's British people brotherly love, The J.R.R. Tolkien Trust, and the master copy publishers of 'The Noble of the Rings', HarperCollins, take cited a failure to pay a contractually agreed 7.5% of gross profits for the threesome films based on 'The Master of the Rings' novels.
They are seeking in inordinateness of $150m in compensatory restitution, unspecified punitive damages and a homage order giving the trust a right to terminate Fresh Line's rights to make more films based on the author's hagiographa, including 'The Hobbit', according to the assertion.
The courtship follows 'Lord of the Rings' director Simon Peter Jackson's cause against Fresh Argumentation for underpayment that was settled in December. When that deal was finalised, Jackson signed on to be administrator producer of 'The Hobbit'.
Fresh Line, a division of global media empire Time Warner INC, declined to input on the freshly courting.
A statement from the trustees said: "Freshly Stemma has not paid the plaintiffs even one cent of its contractual parcel of 144 gross despite the billions of dollars of gross receipts generated by these wildly successful motility pictures."
"To make matters worse, to appointment New Seam has even prevented the plaintiffs from auditing the conclusion iI films of the series."
The trustees were paid an upfront fee of around $62,five hundred in an "upfront sequel fee" and nix more, trustee spokesman Lonnie Soury said.
The threesome movies, 'The Overlord of the Rings: The Fellowship of the Ring', 'The Overlord of the Rings: The Twin Falls Towers' and 'The Lord of the Rings: The Return of the King', took in near $3bn at worldwide box offices.
