Re: The Hobbit
Heard about this on the radio, newline cinema paid the up front of £32k and has renegged on the reas of the deal which was 7.5% of gross box office takings plus a precentage of aftersales DVD's but not merchandise.
Also the Tolkein estate want to remove the licence for the 2 hobbit films from newline cinema as they feel they will not get any monies agreed for the films.
I agree with the estate, why should they trust newline with the Hobbit.
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