Warner Bros. and the estate of author J.R.R. Tolkien announced Monday that they amicably resolved an $80 million lawsuit over the alleged digital exploitation of The Hobbit and The Lord of the Rings. The Tolkien estate and book publisher HarperCollins filed the lawsuit against Warner Bros. in 2012 alleging that the company had breached contract by marketing online games, slot machines, and other gambling-related merchandise based on Tolkien's books. The estate claimed the 1969 rights agreement entitled the studio to create only “tangible” merchandise associated with the books.
I was worried that the Tolkien estate was going broke. Hopefully, they ended up with somewhere close to half of the $80 million they were suing for. If you're like me, and I know I am, then you prefer your Tolkien on the printed page and not on the silver screen or some Blu-Ray player. I mean, the movies were good, and they really exceeded expectations, but aren't you wondering when they'll just reboot the whole thing and cash in again?