THE LORD OF THE RINGS Lawsuit
by Andre Soares
Film director Peter Jackson’s production company, Wingnut Films, has filed a lawsuit against New Line Cinema and its subsidiary Katja Motion Pictures. In the suit, Jackson alleges that New Line has via "wilful, wanton, malicious, oppressive, [and] fraudulent" means cheated him out profits from the 2001 blockbuster The Lord of the Rings: The Fellowship of the Ring.
Among its numerous claims, the suit states that New Line pocketed "secret profits"; short-changed Wingnut by way of sweetheart deals with affiliates; and allowed its subsidiaries to overcharge for services rendered, thus hindering Wingnut’s profit participation.
A positive outcome for Jackson could possibly result in a settlement for the other two films of the Lord of the Rings trilogy.
The Lord of the Rings: The Fellowship of the Ring has grossed nearly $315 million at the U.S. / Canada box office, and more than $556 million overseas — not counting revenues from DVD, video, and merchandise sales.
Comments
Leave a Reply
Note: All comments are moderated. Different views and opinions are welcome, but abusive/bigoted/flaming comments will NOT be approved. Also, please be aware that the Alternative Film Guide has NO contact information for the talent mentioned in this blog or any information pertaining to or access to distributors'/producers' film prints.
