According to TheOneRing.net The Tolkien Trust, New Line Cinema, and HarperCollins Publishers have resolved the lawsuit relating to The Lord of the Rings trilogy. The lawsuit was filled against New Line last year as The Tolkien Trust wanted their share of the profits. Everyone from director Peter Jackson to extras have sued New Line in the past. I guess that’s what happens when films make billions.
Commenting on the settlement, Christopher Tolkien said: “The Trustees regret that legal action was necessary, but are glad that this dispute has been settled on satisfactory terms that will allow the Tolkien Trust properly to pursue its charitable objectives. The Trustees acknowledge that New Line may now proceed with its proposed films of ‘The Hobbit.'”
Warner Bros.’ President & Chief Operating Officer Alan Horn said: “We deeply value the contributions of the Tolkien novels to the success of our films and are pleased to have put this litigation behind us. We all look forward to a mutually productive and beneficial relationship in the future.”
Now everything is sorted out The Hobbit can continue as normal. If the settlement dragged out or a deal wasn’t reached then it could have affected production on the upcoming Hobbit films. Thankfully filming can now start next March as originally planned.