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Originally Posted by WCH
It's not really a separate property in that both were assigned under a single contract...
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Ah, this I did not know. That makes things more interesting.
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Originally Posted by StW
so using the normal 50/50 theater split
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This is a small point but I've mentioned it before and I'll mention it again. The distributor/exhibitor split is usually calculated according to a sliding formula that typically favors the distributor in the early weeks and the exhibitor later on. So it could be as much as 80% of receipts going to the distributor for the first few weeks. Don't know what the exact formula was for LotR, of course, but I can pretty much guarantee you it wasn't a straight fifty-fifty split.