The Hobbit Settles Profit Shares Among Men
Bilbo Baggins will be finally off without his pocket handkerchief and hat in search of treasure with the dwarves! comingsoon.net reports that the lawsuit that has kept the filming from proceeding has been finally settled.
The Tolkien Trust (a UK registered charity), New Line Cinema, and HarperCollins Publishers Ltd. have resolved the lawsuit relating to the “Lord of the Rings” films.
The details remain confidential, with Christopher Tolkien, the son of famed author JRR Tolkien, clearly stating that the proposed films will now be in production.
“The Trustees regret that legal action was necessary, but are glad that this dispute has been settled on satisfactory terms that will allow the Tolkien Trust properly to pursue its charitable objectives. The Trustees acknowledge that New Line may now proceed with its proposed films of ‘The Hobbit.’”
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