Wednesday, September 09, 2009

$150 million Rings settlement

By Jenny Booth in The Times:
Time Warner has agreed to pay an estimated $150 million to the heirs of JRR Tolkien after a legal dispute over profits from the Lord Of The Rings films.

Christopher Tolkien, 84, and Priscilla, 80, said they sued the film company after it failed hand over a single penny from the gross revenues of the multi-Oscar-winning film trilogy, which took $2.96 billion at the box office worldwide.
The settlement came out of court, with the case due to go to court in Los Angeles next month.

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