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TORn has been following the developments of the infamous Tolkien lawsuit for a long time. For those of you who’d like to get caught up in one fell swoop, Frodo Franchise author Kristin Thompson has posted an in-depth blog entry on exactly what is going on:

More News on the Tolkien vs. New Line Lawsuit July 20th, 2008 by Altaira Thanks again to Voronwe_the_Faithful for posting another update on the Tolkien vs. New Line Lawsuit on our message boards: The plaintiffs filed a First Amended Complaint last Monday (which I believe was the last day for them to do so). They have dropped the fiduciary duty cause of action (as expected), but they have asserted new allegations to support the fraud cause of action. They added more specific claims as to how they contend that New Line misrepresented the amount of expenses that it had in...

Mon Apr 14, 2008 5:30pm EDT NEW YORK (Reuters) - Time Warner Inc (TWX.N: Quote, Profile, Research) will cut 450 jobs from New Line Cinema in a highly anticipated move following an earlier decision to fold the movie studio under the wing of Warner Bros Entertainment. About 40 of New Line's employees will be offered new jobs at Warner Bros in positions that will not displace existing Warner Bros jobs, a Time Warner spokesman said. Employees are being informed on Monday and Tuesday. About 40 to 50 existing New Line employees will remain at the division renowned for its blockbuster...

Opening 4 day weekend in the 140 million range..Official figures should be up soon

"THE LORD OF THE RINGS" is the story of a Hobbit named Frodo Baggins who sets out on a quest to destroy a magical ring with evil powers. But the movie version has achieved an equally formidable goal: elevating the status of New Line Cinema Corp. inside corporate parent AOL Time Warner Inc. When New Line was still making "The Lord of the Rings" trilogy with its $310 million budget, Hollywood insiders joked that the movies would become the most expensive made-for-cable miniseries ever on TNT, the AOL-owned cable channel where, the joke went, the sequels would be dumped if...