1. The Lord Of The Rings Trilogy
Three films totalling 558 minutes (not including the extended editions), eight years of production time, $300 million or so budgeted for the entire project, and nearly $3 billion in worldwide box-office earnings. The result? The Lord of the Rings trilogy, an epic fantasy that redefined blockbusters and proved that elves, dwarves, dragons, and goblins can be appealing to nerd and non-nerds everywhere.
But what you need to know is that the studio behind these films was also behind Fahrenheit 9/11. Based on what happened with that film, you can pretty much guess what happened to all the money earned from these three films.
An investor put up 10 percent of the budget with the expectation of huge profits. But despite the film trilogy being one of the biggest box office successes ever, the investor was told that the film had suffered horrendous losses and didn’t receive a cent. In fact, the studio was so tight-fisted over every dime that even Peter Jackson sued them for lost profit on the films.
They obviously smoothed things over so that Jackson could make The Hobbit trilogy, which also coincidentally made about $3 billion. Presumably, that trilogy also suffered horrendous losses and we should expect Jackson to sue them again very soon.
Sources: www.hollywoodreporter.com; www.bbc.com; news.google.com;
www.nytimes.com; variety.com
-TheRichest
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