Wednesday, June 13, 2007

New Line's Greed Strikes Again

New Line Films, the folks who produced the Lord of the Rings films, has struck again. A number of lesser known actors and actresses who had minor roles in the Lord of the Rings movies are suing them over royalty issues. It seems that New Line has made a good bit of money on lunch boxes, posters, toys, etc. but claims that after all the various charges are made, they don't owe the actors and actresses anything. In one case, New Line reportedly took in over $9,000,000 from the marketing of the Gil-Galad character alone but, after all the various charges were taken out, it supposedly posted a $400,000 loss! Something doesn't sound right here. Plus, with the way they've treated Peter Jackson, New Line is showing itself to be one of the greediest film companies out there. I definitely don't plan to see any of their movies. Also, I hope they lose the film rights to The Hobbit. If they do, and Jackson finally makes the film, they'll have mud on their face for their greed as the film will be a monster hit. Bob Shaye, the CEO of New Line, has shown himself to be a conceited jerk. Best of luck to the actors and actresses in their lawsuit with New Line.

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