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The only interest studios have is in The Sil & CoH. That would allow them to knock out a trilogy based around the Three Great Tales, with background material from the history (ie a Beren & Luthien movie would bring in Valinor & the creation & theft of the Silmarils, CoH would bring in the Noldorin rebellion & the death of the Trees & a Gondolin story would complete the trilogy with the war of wrath & the fall of Melkor.
I think the real incentive for the Estate to sell the rights is that it will liberate them from constant hassle, & accusations of mean spiritedness from movie 'fans'. They should offer up the film rights including a veto for anything that they find grossly unacceptable, let the movies be made & then, hopefully, we can forget all this nonsense & get back to Tolkien the writer.
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