DarkMode/LightMode
Light Mode

“The Lord of the Rings” in the Midst of Profit Battle

Filmmaker Peter Jackson‘s production company has sued New Line Cinema over
profits from the first film in the Lord of the Rings trilogy.

Wingnut Films alleges in a federal lawsuit filed on Feb. 28 in Los
Angeles that New Line and subsidiary Katja Motion Pictures failed to properly
calculate revenue–including money from DVD sales–from 2001’s The Lord of The Rings: The Fellowship of the Ring.

The lawsuit doesn’t give a specific amount sought in damages but claims the
movie grossed more than $314 million in box office receipts in
the United States and more than $556 million overseas, plus
revenue from video and merchandise sales.

- Advertisement -

The lawsuit accuses the studio of giving affiliates favorable licensing
deals. It seeks a court injunction against New Line from reaching deals related
to the film with affiliates “without first seeking the most competitive and
beneficial deals from unaffiliated third parties in a free and open market”.

Article Copyright World Entertainment News Network All Rights Reserved.

- Advertisement -