Huntley, IL
Quoted from doughslingers:According to the Studio LOTR never made a profit so I am sure anybody who offered money could get the license to help repay companies that helped co finance the trilogy. See below
South Canterbury Finance invested $30 million in The Lord of the Rings film trilogy, only to have New Line produce accounts showing that the movies did not make a profit, but made "horrendous losses". According to SCF CEO Allan Hubbard: "We found it surprising because it was one of the biggest box office success of all time." (The three films rank 7th, 25th, and 33rd on the list of highest-grossing films.)
Fifteen actors are suing New Line Cinema claiming that they have never received their 5% of revenue from merchandise sold in relation to the movie, which contains their likeness.
Peter Jackson's production company, Wingnut Films, questioned New Line Cinema's accounting methods, bringing in an outside auditor as allowed by the contract, and eventually sued New Line. New Line executive Robert Shaye took great offense, declared that they would never work with Jackson again
Man, where did the piles of money go if it was not profit? There is an extra digit in the box office revenues for all 3 movies added together...
Andrew
