New Line And Jackson - Irreconcilable Differences
Petersko writes to mention a CNN article about an escalation between Peter Jackson and New Line that likely means we'll never see a Jackson-helmed "Hobbit" film. From the article: "In an interview with the Sci Fi Channel news service Sci Fi Wire, [New Line co-chairman Bob] Shaye said Jackson will never make another movie for the studio and said the filmmaker just wants more money. 'I don't care about Peter Jackson anymore,' Shaye said. 'He wants to have another $100 million or $50 million, whatever he's suing us for. He doesn't want to sit down and talk about it. He thinks that we owe him something after we've paid him over a quarter of a billion dollars. ... Cheers, Peter.'"
Sure, he'll probably get some more money out of it (if he's right), but it sounds to me like New Line is attempting one hell of a mischaracterization...
His whole claim is that they defrauded him on millions based on merchandising and other subsidiary rights. If a contract is based on a percentage, and they ferried all these deals off to various companies that are *part* of New Line's enterprise, they pocket a pile of cash and he gets screwed, right? Right. The claim is more or less valid, no matter how greedy he seemed. 250 million? Pocket change!
Frankly, I prefer the company of nitwits.