Sunday, December 16, 2007

Producer sues New Line over "Lord of the Rings"

The Academy Award-winning producer behind the "Lord of the Rings" franchise has sued the films' distributor, New Line Cinema, to force it to disclose its accounting for the multibillion-dollar epic.
The lawsuit, filed by octogenarian producer Saul Zaentz, was at least the second involving profits from the trilogy against New Line, which is accused in both suits of hiding profits.
Zaentz acquired the rights to J.R.R. Tolkien's "Lord of the Rings" and "The Hobbit" novels in 1976 and licensed them to Miramax Film Corp, which later assigned the license to New Line.

[read the full article - via reuters]
[Saul Zaentz Media Center]
[Saul Zaentz Company]

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