LoTR Lawsuit Threatens Hobbit Production
eyrieowl writes "J.R.R.'s heirs are suing for royalties on the LoTR films. Apparently they haven't gotten any money due to some creative accounting. Peter Jackson ought to understand...he had to sue the studio for much the same reason.
As for The Hobbit? FTFA: 'Tolkien's family and a British charity they head, the Tolkien Trust, seek more than $220 million in compensation...[and]...the option to terminate further rights to the author's work.'"
These books should be public domain by now.
God damn extended copyright might kill another production.
Ob. quote:
"Is that a Hobbit over there?"
"No, it's a hobo and a rabbit, but they're making a hobbit."
The Kruger Dunning explains most post on
...on the one hand, the studios are greedy schmucks out to screw everyone all around.
OTOH, the next of kin should not be in the picture here. These are works
that should be in the public domain now for a variety of reasons. The
worthless relatives should not have the ability to interfere with any of
the greedy schmucks. The fact that a charity is involved is just a nice
red herring to confuse things.
Imagine if the Bard's estate could screw around with people like this.
That's the direction we are headed.
A Pirate and a Puritan look the same on a balance sheet.
This is going to sound wacky, but I really just want to think it through.
What if we made the kind of fraud that's apparently exercised by music and movie studio accountants, punishable by death?
How would that play out in society and culture?
The MPAA is fighting to make sure the artists and copyright holders get what they are owed? Did they forget or is it just a bunch of BS and you should not feel bad about piracy and ignore them?
According to the studios, Spider-Man, Return of the Jedi and Forrest Gump all lost money and therefore no royalty on net income needs to be paid.
These people are simply criminals, and deserve to be locked up as such. However Hollywood is famous for making large political contributions, and their boys are in power at the moment. (not that the "other" party did anything about it either)
...on the one hand, the studios are greedy schmucks out to screw everyone all around.
Remember that these "greedy schmucks" are the ones lobbying and influencing the law. You, I, the Slashdot community, we do not. But we are tax paying constituents. The only time we influence this is when we vote--and let's face it, it's not a voting issue.
When Sonny Bono and Walt Disney effectively controlled the government into changing these laws, they were done selfishly. Nowhere were we represented. To say that Senator Bono acted with only his constituents in mind is a joke.
So suddenly the double edged sword is coming back to cut one of the prime promoters today of these laws. Historically these term limits of enforceable copyright have only gotten longer. And their implications for the internet and digital media has been more than encumbering. I'm not saying these laws don't help the big companies and artists make more money. I'm only saying that it's getting to a ridiculous point. Time Warner/New Line Cinema might take it so hard from the Tolkien family that they realize their lost future profits 50 years from now is a small price to pay compared to all the material they could have in public domain to make movies and derivative works from.
Lastly, was anyone ever wondering why there was no Lord of the Rings movies officially for so long? It's because the Tolkein family was just looking for someone to get screwed by. They probably saw through all the other scams.
Hopefully this is a wake up call to those who have extended copyright for far too long. It will only start hurting themselves and actually inhibiting/endangering their profession.
My work here is dung.
It looks like Tolkien & co where less saavy 40 years ago, and essentially signed up to get screwed.
Less savvy or just not very forward thinking in terms of technology.
[nerd-speak]
Tolkien pretty much gave away the movie rights because he (and whom else ever in his camp) never thought you could even make a movie out the LOTR. Would you have wanted to see a film adaptation using early 1970's film technology? Not as fun to watch if the Balrog looks Godzilla and the Nazgûl like some kind of Medieval Mothras, not to mention Treebeard looking worse than he even did in the films, or primitive miniatures making the cities of Middle Earth look like something made of Lego(s).
Technology may have been Saruman's downfall, but it allowed for a pretty cool set of movies.
[/nerd-speak]
Please don't use "umm" or "err" or "erm".
Kinda makes all their protestations about piracy ring hollow. How dare someone else screw them out of a profit.
Brought to you by the same people who are so deeply concerned that someone might copy a movie without paying for it. Of course, the whole industry in Hollywood started out dodging Edison's patent royalties.
The rights were sold 40 years ago, per the article. At the time, the Tolkien estate did not exist- the author himself was alive to negotiate the conditions under which his works would be used. So, it is your opinion that Tolkien was 'naive' to not have spelled out in detail who would be entitled to what percentage of the DVD sales revenue when he negotiated the deal in 1969?
If anything, it looks like he did pretty well for an agreement made in 1969 by trying to require a percentage of the gross, but he did permit certain expenses to be deducted which were then gamed by Hollywood accounting.