Hrm.
The Tolkien Trust is suing New Line Cinema, claiming a 1969 contract gives them 7.5% of the gross of any Tolkien movies, and where’s the extra $150MM that New Line owes them for the LotR trilogy thankyouverymuch?. No comment one way or the other, except the suit threatens to stop pre-production on The Hobbit dead in its tracks.
Meanwhile, Twentieth Century Fox is suing Warners, claiming it has exclusive rights to make a movie based on The Watchmen, which Warners is already well under way producing. The suit seeks to halt the production.
*sigh*