Tolkien Gateway

United Artists

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'''United Artists''' (an MGM company) purchased the rights to [[The Lord of the Rings]] and [[The Hobbit]] from [[J.R.R. Tolkien]] for an estimated $10,000. Tolkien is said to have parted with the rights so he could pay off a tax bill. United Artists then sold most of the film rights to [[Saul Zaentz]]. The company then distributed [[Ralph Bakshi's The Lord of the Rings]] to theaters. The company had originally planned to produce [[John Boorman's The Lord of the Rings]]. United Artists still holds the distribution.
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'''United Artists''' is an American film studio (now owned by [[MGM|Metro-Goodwyn-Mayer]]) which purchased the film rights to ''[[The Lord of the Rings]]'' and ''[[The Hobbit]]'' from [[J.R.R. Tolkien]] in [[1969]]. There is an apocryphal story that Tolkien sold the film rights for £10,000<ref>''This is London'', "[http://www.thisislondon.co.uk/news/article-812509-details/Tolkien+sold+film+rights+for+%A310,000/article.do  Tolkien sold film rights for £10,000]", [[December 7|7 December]] [[2001]]</ref>  in order to pay a tax bill, but he, in fact, sold the film rights for over £100,000<ref>''The Telegraph'', "[http://www.telegraph.co.uk/news/worldnews/1578442/JRR-Tolkien%27s-estate-to-sue-Lord-of-the-Rings-filmmakers-New-Line-Cinema-over-profits.html JRR Tolkien's estate to sue Lord of the Rings filmmakers New Line Cinema over profits]", [[February 17|17 February]] [[2008]]</ref> (£104,602)<ref name="times">''The Times'', "[http://www.timesonline.co.uk/tol/news/uk/article802113.ece Focus: Tolkien sold film rights to Lord of the Rings to avoid taxman]", [[December 15|15 December]] [[2002]]</ref> in order to replenish his dwindling finances through the rest of his retirement.
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United Artists then sold most of the film rights to [[Saul Zaentz]]. The company then distributed [[Ralph Bakshi's The Lord of the Rings]] to theaters. The company had originally planned to produce [[John Boorman's The Lord of the Rings]]. United Artists still holds the distribution.
  
 
==External links==
 
==External links==
 
* [http://www.unitedartists.com/ Official website]
 
* [http://www.unitedartists.com/ Official website]
 
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==References==
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<small><references/></small>
 
[[Category:Companies]]
 
[[Category:Companies]]

Revision as of 14:15, 20 December 2008

United Artists is an American film studio (now owned by Metro-Goodwyn-Mayer) which purchased the film rights to The Lord of the Rings and The Hobbit from J.R.R. Tolkien in 1969. There is an apocryphal story that Tolkien sold the film rights for £10,000[1] in order to pay a tax bill, but he, in fact, sold the film rights for over £100,000[2] (£104,602)[3] in order to replenish his dwindling finances through the rest of his retirement.

United Artists then sold most of the film rights to Saul Zaentz. The company then distributed Ralph Bakshi's The Lord of the Rings to theaters. The company had originally planned to produce John Boorman's The Lord of the Rings. United Artists still holds the distribution.

External links

References

  1. This is London, "Tolkien sold film rights for £10,000", 7 December 2001
  2. The Telegraph, "JRR Tolkien's estate to sue Lord of the Rings filmmakers New Line Cinema over profits", 17 February 2008
  3. The Times, "Focus: Tolkien sold film rights to Lord of the Rings to avoid taxman", 15 December 2002