'Lord of the Rings' Lawsuit Settled :)

J.R.R. Tolkien estate sued New Line over films. "The Tolkien estate had sued New Line for at least $150 million in damages for failing to pay 7.5% of gross receipts from the three films, which netted an estimated $6 billion combined." -- Eriq Gardner. The plaintiffs wanted a court order that would give them the right to terminate any rights New Line might have to other Tolkien works, including "The Hobbit." New Line and MGM have announced plans to turn that work into a film with "Rings" helmer Peter Jackson producing. Glad that this dispute has been settled on satisfactory terms.=]