I don't doubt the film would be cool, but I can't find a coherent plot in it. There's also, as Mac points out, maybe too much in it (maybe you could somehow take Akallabêth out?) and too much time jumps. I have no doubt that a good screenplay writer could handle it, but it would be difficult, and there would be compromises.
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Like the stars chase the sun, over the glowing hill I will conquer
Blood is running deep, some things never sleep Double Fenris
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