The trust that manages the estate of J.R.R. Tolkeinâ€™s â€œLord of the Ringsâ€ trilogy and intellectual property sued New Line Cinema, the Hollywood studio that obtained the rights to produce films based upon his works. The trust slams New Line, alleging that itâ€™s been â€œengag[ing] in the infamous practice of â€˜Hollywood accountingâ€™ by using various â€˜bookkeepingâ€™ devices to delay paying Tolkienâ€™s trust.
The suit claims that:
â€œThe three hugely successful films based on J.R.R. Tolkienâ€™s beloved â€œLord of the Ringsâ€ trilogy have grossed nearly $6 billion. Despite these record-setting revenues amounts derived ultimately from Professor Tolkienâ€™s classic fantasy novels….[New Line] has paid nothing to Tolkienâ€™s successors with respect to their contractually-mandated participation in the gross revenues of the films.
…[I]n spite of the Filmâ€™s unprecedented financial success, platiniffs have not received a single penny of their contracted share of the gross receipts earned from the Films.â€ emphases in original