Since the publication of the books, The Lord of the Rings has built a solid source of income. But more recently, millennium movies rocked the box office with ticket sales, and the books gained a new following from Frodo. From there, revival video games, action figures, and other products have exploded around the world. How much is the Lord of the Rings franchise worth? To determine a close estimate anywhere, all branches of the entertainment branch of the LOTR tree must be analyzed. Are here:
The Tolkien estate
Tolkien’s estate, run by the author’s son, Christopher, is still making money with his fists. The Telegraph estimates that book sales in 2001 alone reached 50 million pounds worldwide. That’s before they sat down with Houghton Mifflin to discuss more rights stemming from future book sales. In 2001, it was reported that Christopher was quite upset that the family would not be making money directly from movie deals. It has also been reported that John Ronald Reuel Tolkien Tolkien was worth 500 million pounds when he died in 1978. His son Christopher, who oversees the family business of negotiating and negotiating deals on his father’s masterpiece, also edits and annotates the notes and stories. of its famous. The father left behind Christopher, who is not a fan of the movies, perhaps because they did not make him a penny directly, he resisted some of the commercial products and successfully stopped a The Lord of the Rings slot machine that was developed by Warner Brothers. .
Houghton Mifflin, the official American editor of Tolkien’s work for over 60 years, has a lot to smile about. They took a risk and paid a hefty sum to acquire the rights to the volumes linked to the film. The company had made a lot of money from JRR Tolkien’s work on the Lord of the Rings movies in 2001,2002 and 2003 and then expanding The Hobbit into a trilogy ten years later. There were opportunities for endless posts that explained and highlighted the settings and characters of “The Nerd Bible,” or The Lord of the Rings Trilogy. The online MBA averages the sales figure for new and used books at $ 2.25 billion.
It’s not a good idea to mess with Tolkien’s literature, as a Russian author Kirill Eskovm discovered when he was threatened by the estate because he wrote his version of The Lord of the Rings, The Last Ring Bearer, giving fans a glimpse of how The story would tell you if the Orcs were the good guys. This book could not be published in English because Tolkien’s ownership does not approve of it, but fans everywhere have downloaded clandestine translated copies.
Movie sales at the box office
Despite purists who are upset about the removal of Tom Bombadil, fans who hadn’t even heard of the book were drawn to Peter Jackson’s award-winning film trilogy. According to The Minute MBA, the movies are the sixth highest grossing film franchise of all time, with close to $ 4 billion.
In 1982 a small computer game called The Hobbit was introduced. It was popular with diehard LOTR fans, but fell short of gold. The story of a cute hobbit with a group of grumpy dwarfs held little appeal to anyone except those who still have their “Frodo Lives” t-shirt from their college days in the 1960s, and the kids who had seen the version of Cartoon. of the movie. Electronic Arts (EA), combined some action-packed and quite violent adventure games based more on the plots of the film than the literary cannon. One game dominated them all, from PS2 to Xbox to Gameboy.
Not to be outdone, Tolkien’s ownership licensed his own game with Universal Interactive, based on the plot of the first book, The Fellowship of the Ring. As it was more for fans of the book canon than die-hard gamers, the game based on the second book never made it to the shelves. Vivaldi Universal and Sierra released another video game based on the Hobbit, but since the movies had yet to bring Thorin and Company back to life in cinematic glory, it did not break any sales records. With franchises, timing is everything. If they had waited ten years and made Thorin’s avatar look like Richard Armitage, who played the main dwarf in the movies, it would have flown off the shelves.
Ownership of Tolkien eventually ceded to EA games to use book material that was not included in …