The One Ring Causes Legal Trouble
February 26th, 2008 by The Fan->
It seems the One Ring has proven to be malevolent again, at least for New Line Cinema, the movie company which brought The Lord of The Rings to the big screen.
For the heirs of J. R. R. Tolkien are suing the studio, claiming royalties of 75 million GBPs - their share of the 3 billion + profit generated by the big screen version of the hobbit saga.
The heads of The Tolkien Trust, the author’s son Christopher and his daughter Priscilla claim that they did not receive a penny for the films - their share must have been lost in the “infamous practice of creative ‘Hollywood accounting’”.
J. R. R. Tolkien sold the film rights of his saga in 1969, for 100.000 GBP and a certain percentage of the royalties. The trust now claims - in the spirit of the original contract - 7.5% of the films’ gross revenues. They also wish to have the right to block any rights New Line might have over the works of Tolkien, including the upcoming movie “The Hobbit” produced by Peter Jackson.
Of course, New Line did not comment on the case…
The Saturn Award is presented annually by the Academy of Science Fiction, Fantasy & Horror Films to honor the top works in science fiction, fantasy, and horror in film, television, and home video. Similar to other awards, like the Oscars and the Grammys, the Saturn Awards are voted on by members of the presenting Academy. There are also special awards for lifetime achievement in the field. The physical award is a representation of the planet Saturn, surrounded with a ring of film. The awards were first presented in 1972. The Saturn Award was initially, and is still sometimes loosely referred to as a Golden Scroll.

