Peter Jackson to film "Lord of the Rings Sequels"

[Zigûr]

Originally Posted by Dark Lord

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.

I would dispute this. I don't think Tolkien ever considered or wanted the history of Arda to continue beyond the Fall of Sauron - that's exactly why he stopped writing "The New Shadow". Without 'incarnate evil' there was nothing left to write about. Fictional history became real history.
I think that "other minds and hands, wielding paint and music and drama" quote is regularly taken out of context, incidentally. See, for instance, Letter 292 for an instance of Professor Tolkien's opinion of sequels not penned by his own hand.

Originally Posted by Dark Lord

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.

I don't think anyone said anything about the Estate. It's not that the movies couldn't be made; I was suggesting that they shouldn't be made. What would they base them on anyway? They only have the rights to adapt The Hobbit and The Lord of the Rings. The rights to "The New Shadow", by the way, are very definitely in the hands of the Estate, just like The Silmarillion and everything else.
Even if they did just make one up (which I imagine could put them in a dubious legal position), why would anyone want it if it wasn't based on Professor Tolkien's own work? What would be the point?