CNN reports that the people responsible for handling Tolkiens literary estate ,together with the publishers of his books, are suing New Line pictures over their failure to pay royalties from the Lord of the Rings films. Apparently the studio agreed to pay the estate 7.5% of the gross of the films yet this has not been forthcoming. New Line has also allegedly refused requests for audits of the accounts of the second and third films in the trilogy.
This sounds a lot like the complaints both Peter Jackson and the stars of the films have had with New Line in previous lawsuits.
As well as damages, the trustees of the estate also seek to terminate New Line's rights to other Tolkien properties, which would obviously effect the forthcoming 'Hobbit' films.
I imagine this will settle sooner rather than later, as following the failure of the Golden Compass New Line will be desperate to move forward on what is essentially a sure fire blockbuster.
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