Lord Of The Rings Lawsuit

Lord of the Rings creator J.R.R. Tolkien has filed a suit in LA claiming New Line failed to them their cut of gross profits. The estate claims that the film company made $6 billion off the three Rings movies and is required to pay 7.5% of gross receipts to the estate and its partners.

The films, 2001's "The Lord of the Rings: The Fellowship of the Ring," 2002's "The Lord of the Rings: The Two Towers," and 2003's "The Lord of the Rings: The Return of the King"  have reaped nearly $6 billion combined worldwide, according to the complaint. 

The plaintiffs seek more than $150 million in compensatory damages, unspecified punitive damages and a court order giving the Tolkien estate the right to terminate any rights New Line may have to make films based on other works by the author, including "The Hobbit."  That is a whole lot of cash money!