‘Lord of the Rings’ and ‘The Hobbit’ Film and Gaming Rights Up for Sale (EXCLUSIVE)

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‘Lord of the Rings’ and ‘The Hobbit’ Film and Gaming Rights Up for Sale (EXCLUSIVE)
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If you've got a spare $2 billion, feel free to pick up the rights to the film and gaming rights to 'Lord of the Rings' and 'The Hobbit'

acquired film adaptation and other rights to the various Tolkien titles in 1976. One form of media that was carved out of the deal with Zaentz back in the 1970s was the right to produce a TV series that was longer than eight episodes. That loophole allowed Amazon to cut a deal directly with the Tolkien estate for “The Rings of Power” series in 2017 when the Tolkien estate shopped the TV series.

In the early 2000s, Zaentz Co. sued Warner Bros. and New Line over its share of profits from the Jackson movie trilogy. The Tolkien estate and publisher HarperCollins sued Warner Bros. multiple times over profits from the “LOTR” films and the three “Hobbit” features: “The Hobbit: An Unexpected Journey” , “The Hobbit: The Desolation of Smaug” and “The Hobbit: The Battle of the Five Armies.”

Based in Berkeley, Calif., Zaentz Co. is home to Middle Earth Enterprises, which handles its Tolkien-related licensing. Zaentz first made his name as the longtime leader of Fantasy Records, an influential jazz and rock label in the 1950s, ’60s and ’70s. He also produced such movies as “One Flew Over the Cuckoo’s Nest” , “Amadeus” and “The English Patient” , all three of which earned Oscars for best picture.

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