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Well, like stated above, I believe that Tolkien intended the saga to continue, even though he did cancel 'The New Shadow', I still believe he wanted it to continue on.
And correct me if I am wrong, I don't think Tolkien estate has the rights to the movies, there fore unable to do anything. Who ever has the rights to the movies can make another LOTR movie if they choose to do so. Please correct me if I am wrong.
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