Lalwende... I guess I am asking people here to stop thinking like Tolkien fans for a moment and to put on the guise of an attorney and think legally. Could not a case be made that it was Christopher Tolkien who - in your words - "used some sneaky way" of attempting to take back what his father had already sold?
I am not arguing against his publishing of THE SILMARALLION. I am only asking people to open their minds to a different understanding of the rights that were sold and how they could be utilized.
you also said this
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Nor is there any guarantee that fantasy films will even be popular in a few years, they're already beginning to die back, that's the nature of fashion. Oh yes, and the impending Credit Crunch - not that many studios will be too keen on risky, expensive films if that hits.
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Fantasy films in the style like LOTR never really were popular in the sense of westerns as a genre in the 30's and 40's or detective films or murder mysteries as a long time Hollywood staple. LOTR was the exception to the rule. And as far as funding, I have a funny feeling that a Tolkien movie helmed by the same people who gave us the first three would have little trouble in garnering the necessary funds to make and market them.