Tag: c0la
Warner Bros Entertainment Incorporated settles $80 million lawsuit
American film company Warner Bros Entertainment Incorporated has reportedly settled an $80 million lawsuit with the estate of English writer J.R.R. Tolkien concerning the merchandizing rights for The Hobbit and The Lord of the Rings.
According to a report from entertainment trade magazine Variety, the esteemed author sold the rights to the films in 1969 but his family subsequently joined with HarperCollins Publishers in 2012 to sue the Los Angeles-based behemoth over the licensing of the writer’s hobbit, wizard and elf characters for online slots and other virtual games.