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Woodyend
Mithlond
Oct 12 2010, 4:17pm
Post #1 of 9
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More than a $100 million in legal fees?
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Wow it’s good to be a lawyer. I was reading about the boycott over at the NY Times and this caught my eye.
Actors Warn Against ‘Hobbit’ Boycott as Costs Mount The Hobbit” — with a price tag of about $500 million — could become the most expensive film project of all time. More than $100 million of that total cost will be legal fees, The Herald said, as the studios behind the films work out settlements with the long-delayed project’s various rights holders. http://artsbeat.blogs.nytimes.com/...cott-as-costs-mount/
Is this normal for a movie of this size?
May your beer be laid under an enchantment of surpassing excellence for seven years!
~~~~~~~~Gandalf~~~~~~~
Listen. Strange women lying in ponds, distributing swords, is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony!
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Ruijor
Nargothrond
Oct 12 2010, 6:17pm
Post #2 of 9
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Wow it’s good to be a lawyer. I was reading about the boycott over at the NY Times and this caught my eye. Is this normal for a movie of this size?
What do you mean by a movie this size?
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Woodyend
Mithlond
Oct 12 2010, 6:28pm
Post #3 of 9
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The budget being $500 million.//
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May your beer be laid under an enchantment of surpassing excellence for seven years!
~~~~~~~~Gandalf~~~~~~~
Listen. Strange women lying in ponds, distributing swords, is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony!
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Ruijor
Nargothrond
Oct 12 2010, 6:42pm
Post #4 of 9
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In the actual context it´s not surprising...
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An average action film generally cost around 100 millions. In this case being two films and regarding the amount of pre-production needed and the cgi technology that needs to be used I would point 200 million per film so...
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Woodyend
Mithlond
Oct 12 2010, 8:03pm
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My point is not the $500 million but the $100 million for legal.
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I am curious about how much of the budget is spent on legal, for the average film. A $100 million looks over and above to me.
May your beer be laid under an enchantment of surpassing excellence for seven years!
~~~~~~~~Gandalf~~~~~~~
Listen. Strange women lying in ponds, distributing swords, is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony!
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shadowdog
Nargothrond
Oct 12 2010, 10:26pm
Post #6 of 9
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films have the kind of legal costs that these do; so I would say it is not usual.
I am curious about how much of the budget is spent on legal, for the average film. A $100 million looks over and above to me.
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Ruijor
Nargothrond
Oct 13 2010, 2:49pm
Post #7 of 9
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Sure Woodyend, it unusual by all means!
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The question is that The Hobbit is by now a special case by any standarts, it will go down as one of the most difficult films ever to be made, not so by the lack of means to do it but due to legal issues instead, so sure, 100 millions is an absurdly amount of money, as I stated before it would be enough to make an average motion picture but hey, The Hobbit and the Tolkien´s realm it´s everything but average stuff! 
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MrCere
Sr. Staff
Oct 14 2010, 2:26am
Post #8 of 9
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The $500 million got reported from site to site to site until the fact that it was a figure reported as money needed for MGM to make new films turned into for "The Hobbit'.
A Jackson spokesman said its wrong.
The $100M seems impossibly high but I have no knowledge of it being otherwise.
I have no choice but to believe in free will.
The cake is a lie
The cake is a lie
The cake is a lie
My blog
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Kangi Ska
Gondolin
Oct 14 2010, 9:22am
Post #9 of 9
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After all, it is only money...//
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Kangi Ska
The Hobbit is almost here.
At night you can not tell if crows are black or white.
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