It has been announced that The Saul Zaentz Company, which holds the movie and game rights of the Lord of the Rings and The Hobbit series, will put these rights up for sale. The combined value of all rights is expected to be close to $2 billion.
The Lord of the Rings and The Hobbit, one of the most popular and loved series of today, came up with a new development today. in both series both movie and game rights The Saul Zaentz Company, which owns these rights, obtained from JRR Tolkien in 1976. put up for sale decided.
Among the rights to be put up for sale by The Saul Zaentz Company more than eight episodes publishing, live events, items for sale, and the rights to Tolkien’s unfinished writings of The Silmarillion and The Unfinished Tales of Numenor and Middle-Earth. The value of these rights is certainly not less than ice.
The total value of the rights is $2 billion:
A company that wants to buy the rights to this giant universe that has hundreds of millions of fans around the world. will have to pay a fee of approximately $2 billion. is estimated. Although it is not clear which companies will aspire to the series, the closest candidate is the Lord of The Rings: The Rings of Power, which is preparing to publish the series soon. Amazon is showing. Amazon bought the rights for this series for $ 250 million.
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on the other side Warner Bros.has itself. Warner Bros., which was previously in litigation with the Tolkien Estate for the Lord of the Rings trilogy and The Hobbit trilogy, is working on the production of The Lord of the Rings: The War of the Rohirrim, which will be in the anime genre. It is not impossible for Warner Bros. to pursue these rights with a big surprise.
Source :
https://www.cnet.com/news/the-lord-of-the-rings-and-hobbit-movie-and-video-game-rights-are-being-sold-off-report-says/