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It only cost then $250m for the rights, which isn't far off what the Jackon Trilogy cost to make
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23 years until it's public domain.
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The Tolkien estate will try to cash in while they can. Christopher Tolkien is no longer around. He stepped down a little while before he died. It wasn't his decision to sell the rights to Amazon. It wouldn't surprise me to see pretty continual output of some kind for the next 20 years.
but I’d be interested in who you (and others ?) think would have been better played by which specific actors / actresses?
But I love the film's. Hobbit could/should have been two films and should have dispensed with all the bits not in the book.
Will be interesting to see the second age stuff on Amazon, but I fear it will end up a bit like the Children of Dune series. First age would be far more interesting.
They will eventually, its just not their market as the people who want it have already invested in the 4k discs, and the bandwidth requirements are very high.