The fate of the adventure fantasy film adapted from J.R.R. Tolkien's novel, "The Hobbit", is said to be in jeopardy as the Tolkien's estate sued the movie's production house New Line Cinema. According to reports, on Monday, February 11, a British-based charity the Tolkien Trust filed a lawsuit against New Line on behalf of Tolkien's estate and publishers HarperCollins in Los Angeles Superior Court.
On the statement released by the trustees, it was noted that the company has failed to pay the share of profits from the blockbuster trilogy "Lord of the Rings". Part of the statement read, "The trustees of The Tolkien Trust, a British charity, have filed an action against New Line Cinema for its failure to pay a contractually required gross profit participation in the three films based on the world-famous Lord of the Rings trilogy."