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WCH - when two parties both believe that they have some claim to the same property, they can do several things including
a- continue to insist they are right and ignore the other party hoping they are of like mind
b- attack the other party and fight it out any way you have to
c- sit down like intelligent and reasonable people and work it out
Given that these movies are announced and soon to be reality, I strongly favor option c. The announcement of these two films with intended use of material above and beyond the storyline of HOBBIT or LOTR makes this a very real matter.
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