Check out this great spoof story from iFilm.

…But according to this internal memo—apparently from AOL/Time Warner assistant Chief Operating Officer Dick Harris—New Line’s $275 million Lord of the Rings trilogy/gamble, starring the likes of Elijah Wood, Liv Tyler and Ian McKellen, may not exactly be coming to a theater near you…But not to fear: You’ve got a TV, right?

Thanks to Dave for sending us the link. [More]

read the fine print at the bottom of the article.