The heirs of J.R.R. Tolkien and a movie studio that produced “The Lord of the Rings” blockbuster trilogy have settled a lawsuit over the films’ profits, clearing the way for a prequel based on Tolkien’s novel “The Hobbit.” Tolkien’s heirs had sought to rescind New Line Cinema’s rights to make films based on the book, claiming the studio owed them millions in profits from the trilogy, which earned an estimated $6 billion. One of the main beneficiaries of the settlement is The Tolkien Trust, a British charity.

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Tolkien Estate, New Line Settle Lawsuit Over ‘Lord of the Rings’ Films

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