{"id":33357,"date":"2009-09-01T21:27:36","date_gmt":"2009-09-02T02:27:36","guid":{"rendered":"http:\/\/www.theonering.net\/torwp\/?p=33357"},"modified":"2009-09-02T05:50:38","modified_gmt":"2009-09-02T10:50:38","slug":"tentative-settlement-reached-in-tolkien-v-new-line-it-appears-that-the-hobbit-movie-is-safe","status":"publish","type":"post","link":"https:\/\/www.theonering.net\/torwp\/2009\/09\/01\/33357-tentative-settlement-reached-in-tolkien-v-new-line-it-appears-that-the-hobbit-movie-is-safe\/","title":{"rendered":"Exclusive: Tentative settlement reached in Tolkien v. New Line, it appears that ‘The Hobbit’ movie is safe"},"content":{"rendered":"

\"money\"The Tolkien Estate and New Line Cinema have reached a tentative settlement in the court battle over money from “The Lord of the Rings” trilogy of films that have grossed around $3 billion. TheOneRing.net message board member Voronw\u00eb_the_Faithful<\/strong> has written to give us the absolute world-wide scoop. He managed to mine a great nugget of information from the L.A. Superior Court and has written the following:<\/p>\n

“A tentative settlement has been reached in the case. The parties have filed a stipulation that explicitly states that ‘the parties have entered into a binding term sheet settling this matter, which term sheet is subject to certain necessary ratifications, which may take up to several weeks to obtain.’<\/p>\n

“In other words, a settlement has been reached, but it needs to be approved by certain unnamed individuals\/entities. I’m sure it is a complicated settlement, and I’m relatively sure that it includes specifications to ensure that payments are made on the Hobbit films, so I assume that one of the ratifications needs to come from Warner.<\/p>\n

“Generally speaking, these kinds of “ratifications” are a formality and the settlement would not have been entered into unless they were pretty much sure that it would be ratified. I would shocked if the settlement did not go through. In all likelihood, this case is no longer going to provide any obstacle to the Hobbit films.<\/p>\n

You can read an in-depth look at the case from 2008 here<\/a> by our same legal “spy”.<\/p>\n

For those unfamiliar, this poster has kept our message boards updated on this lawsuit, most often way ahead of the curve, and you can count on this information not as a rumor but as reported fact directly from the court. <\/p>\n","protected":false},"excerpt":{"rendered":"

The Tolkien Estate and New Line Cinema have reached a tentative settlement in the court battle over money…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[22,4,334,154],"tags":[2846,910,206,221,2858,911,578],"class_list":["post-33357","post","type-post","status-publish","format-standard","hentry","category-headlines","category-hobbit-movie","category-hobbit-rumors","category-tolkien-estate","tag-hobbit-movie","tag-lawsuit","tag-new-line-cinema","tag-the-hobbit","tag-tolkien-estate","tag-tolkien-estate-vs-new-line","tag-tolkien-lawsuit"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t