News for Aug. 30, 2005

Filmmaker 'earns 94m from Rings'

8/30/05, 3:52 pm EST - Xoanon

A movie producer earned $168m (94m) from The Lord of the Rings films even though he did not work on the trilogy, trade paper Variety has reported. Saul Zaentz got the payout from film studio New Line because he bought the rights to JRR Tolkien's books in 1976. The windfall is revealed in court papers after New Line settled a legal wrangle with Mr Zaentz, Variety said. He sued New Line for a further $20m (11m), saying they miscalculated the box office royalties he was owed. [More]

Regular contributor REZ writes: On personal note. We got slammed by high winds for Katrina. Which suprised me since I live in Birmingham. The univeristy is going back to normal, most of the power is back.