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Thread: The Hobbit Scrapped?

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    admin is offline Administrator admin should be listened to
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    Arrow The Hobbit Scrapped?

    New Line Cinema is again finding itself on the wrong side of a lawsuit involving the lucrative Lord of the Rings trilogy. It seems that the Tolkien estate is alleging that the studio hasn't paid them the 7.5% of gross receipts contractually required for the use of the novels according to the Associated Press. They have decided, after reportedly spending years trying to negotiate a settlement, to bring a lawsuit.


    Discuss "The Hobbit Scrapped?" here. Read the article.

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    j_garcia's Avatar
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    That would suck because I am very curious to see how Guillermo Del Toro would handle the films, especially with the production backing of WETA / Jackson and the budget NLC is going to throw their way based on how well the previous films did.
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    I will personally kick Christopher Tolkien's butt if he holds this up... lol.

    Seriously, though... I can't figure out of Newline is really this stupid, or if people just get greedy and try to get more than they promised because the films grossed so much more than expected. I like to hear both sides before rendering judgement.
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    I think they will work it out. Probably a non issue.
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    New Line really is that stupid. They've trying to cheat the parties out of sums for years.

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    I'm sure it is true, since Jackson had to file suit with them to get his royalties... Seems that the studio is the greedy one.
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    Just read about some New Line issues yesterday in the WSJ. They seem to always be in the news for something.....

    http://online.wsj.com/article/SB120269302876657799.html
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    as long as Peter Jackson has something to do with the hobbit and the budget isn't sparse, i could care less which company makes it...but i would be very disappointed if for some reason they ended up with short funds and by trying to wing it ruined the hobbit forever...the hobbit has alot to accomplish to be on par with lotr trilogy

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    Quote Originally Posted by Clint DeBoer View Post
    I will personally kick Christopher Tolkien's butt if he holds this up... lol.

    Seriously, though... I can't figure out of Newline is really this stupid, or if people just get greedy and try to get more than they promised because the films grossed so much more than expected. I like to hear both sides before rendering judgement.
    With Peter Jackson's lawsuit it is pretty much been proven that NLC are a bunch of asshats.

    Google for 'Hollywood Accounting' to get a true measure of the greed and audacity of movie studios.

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    Quote Originally Posted by jinjuku View Post
    With Peter Jackson's lawsuit it is pretty much been proven that NLC are a bunch of asshats.

    Google for 'Hollywood Accounting' to get a true measure of the greed and audacity of movie studios.
    I hope that if a settlement is offered that it's turned down so the accounting practices can be exposed. I would think that it would be great if there were findings of fraud and puntative damages were awarded.

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