For Immediate Release: ‘The Lord of the Rings’ and ‘The Hobbit’ Rights Offered to Pioneering Fan Site, TheOneRing.net
BERKELEY, CA, USA — Pioneering fan site, TheOneRing.net, has been awarded the opportunity to officially bid to become part of Middle-earth. As announced in early 2022, The Saul Zaentz Company reported its intent to sell its Tolkien holdings, which include movie, merchandising, gaming and live event rights to “The Lord of the Rings” and “The Hobbit”. The company hired investment bankers to manage the sale, and as part of the process, The One Ring, Inc, operating as TheOneRing.net, has been offered an exclusive 4-month window to become part of the buyers group. The extension was granted to allow the volunteer members of TheOneRing.net time to launch a ground-breaking and ambitious effort to give fans control of these historic properties.
“We realize the effort will be monumental, and the stakes are high, but if Frodo can take the Ring to Mount Doom, we sure as heck can get fans a chance to be stakeholders and advocates of Tolkien’s work.”
Michael Regina, Executive Editor and Co-Founder
TheOneRing.net will be launching this fundraising effort in the coming weeks via their website, social media platforms, and their newly minted Discord channel. (discord.gg/theonering).
Multiple levels of participation will be offered, from US$5 to the max tier of $250,000,000. Perks will include original manuscripts of ‘The Lord of the Rings’ and ‘The Hobbit’ as well as celebrity experiences with the plethora of individuals who have entered the Tolkien sphere over the past 80 years.
Kirsten Cairns, Senior Editor and Director of Partnerships for TheOneRing.net, who spearheaded TheOneRing.net’s previous successful crowdfund campaign, says:
“’The Lord of the Rings’ alone has sold nearly 150 million copies. If we can persuade those passionate fans each to donate at least $10 to this effort, we’ll be halfway there.”
The rights are expected to sell for an astounding $2 Billion with main competition coming from Universal (NYSE:UVV) and Amazon (NASDAQ: AMZN)
About TheOneRing.net Founded in 1999 by a group of like-minded Tolkien fans so anxious for the coming Peter Jackson Lord of the Rings films that they were gathering up every scrap of production information to be found, TheOneRing.net continues today in bringing fans the latest news on the beloved figures involved in the making of the wildly popular Lord of the Rings movies, as well as the newest information available on upcoming productions, Tolkien-centered events, new publications, and fan gatherings.
About the Saul Zaentz Company Based in Berkeley, Calif., Zaentz Co. is home to Middle-earth Enterprises, which handles its Tolkien-related licensing. Zaentz first made his name as the longtime leader of Fantasy Records, an influential jazz and rock label in the 1950s, ’60s and ’70s. He also produced such movies as “One Flew Over the Cuckoo’s Nest” (1975), “Amadeus” (1984) and “The English Patient” (1996), all three of which earned Oscars for best picture.
Could the Disney theme parks be the next potential location for a Lord of the Rings-themed attraction? We reported back in January and also in February that tongues were wagging about a possible Middle-earth theme park partnership between Warner Brothers and Universal. There was even documentation that the Saul Zaentz Company had registered “several uses for Middle-earth properties that includes theme parks.” But those rumors seemed to have fizzled.
Now it seems that, “Disney and Warner Brothers have either signed or are very close to singing an agreement that will bring “The Lord of the Rings” and “The Hobbit” movie-inspired areas to the Disney Parks.” WDW News Today is reporting that the partnership has been in the works since late last year and is now practically a fait accompli. The story claims that Disney may incorporate a Middle-earth attraction as part of an overhaul at the California Adventure park in Anaheim, CA. It also suggests that Disney may be looking for Hobbits to give them an edge over Hogwarts in order to compete with the Wizarding World of Harry Potter area at Universal Studio’s theme park.
WDW News today says, “As with any rumor, you should take this with a grain of salt until it is actually announced.” Is it likely that Disney would be able to overcome the hurdles that have hung up similar ventures? That they could overcome the long-held anti-Disney prejudice from within the Tolkien Estate itself? TORn staffer Demosthenes points out Tolkien’s Letter #13, where he famously insisted that he would “veto anything from or influenced by the Disney Studios (for all whose works I have a heartfelt loathing).”
Additionally, should the supposed negotiations be happening on the studio level, making an end-run around the Tolkien Estate, it seems unlikely that Warner Brothers would be keen to work together after Disney stole Oz out from under them when they released Oz the Great and Powerful earlier this year. “The Walt Disney Company did not own rights to the original 1939 The Wizard of Oz movie but moved stealthily to mount an audacious raid on the story and leave a rival studio flat-footed.”
But perhaps TheOneRing.net’s April Fools’ story this year was actually prescient and we will enter an era where Hobbit feet and Mouse ears can coexist in one big glorious theme park universe. Or maybe we’ll all just have to aspire to visit the real Hobbiton for a while longer.
After nearly 19 months away from the spotlight, a new King Kong — more grizzled and, definitely, ferocious — is preparing to return to Universal Studios Hollywood. Since the old animatronic Kong was destroyed in a fire on the theme park’s back lot, Hollywood’s top visual effects wizards have been tinkering away in a giant hangar in Playa Vista to create a new, more realistic ape to terrify visitors who take the park’s signature back lot studio tour.
Inside the humongous drab-green building, Academy Award-winning director Peter Jackson has led a team of film and theme park ride experts in creating a 3-D version of the hairy ape to replace the Kong that died in the June 2008 fire. More..
Kristin writes: In recent days there has been news of DreamWorks ending its distribution partnership with Paramount and signing a deal with Universal. That change is affecting both Peter Jackson’s The Lovely Bones and his collaboration with Steven Spielberg on the Tintin films. I’ve posted an entry on The Frodo Franchise laying out the little that is known at this point about what the effects will be.
Nikki Finke writes: I just heard that Universal has declined to exercise an option to co-finance DreamWorks’ Tintin with Steven Spielberg and Peter Jackson set to begin filming in October. The decision was quietly made a few weeks ago. So now DreamWorks will look only to owner Paramount for the rest of the moolah in the same way the two shared financing on Dreamgirls and Transformers. Unfortunately, Paramount is presently without an overall financing deal to mitigate risk, but is arranging it on a film-by-film basis. I say Tintin — to be played by Love Actually’s Thomas Sangster — sounds like an expensive but safe bet, considering that the beloved Belgian boy is a worldwide phenomenon, and that the two great filmmakers are directing and producing even though also participating as huge first-dollar-gross players. This latest wrinkle would be more interesting if, say, Uni’s decision hurt its about-to-become-closer relationship with DreamWorks. But it didn’t. As I already reported, GE’s Jeff Immelt and Uni’s Ron Meyer dined with Spielberg and Stacey Snider Thursday night while NBC Uni’s Jeff Zucker spent the better part of that afternoon with Steven planning out the rebuild of the fire-ravaged backlot.