saudadelinux writes "Last year, the Tolkien Trust, which administers JRR's estate, bellowed stentoriously, 'Youuuu shall not make The Hobbit!' and sued New Line Cinema for 'a reported $220m (£133m) in compensation, based on breach of contract and fraud.' New Line, chastened, has settled for an undisclosed sum of money. The Trust has given its blessing to New Line for Guillermo del Toro to film The Hobbit and for New Line to make other films based on Tolkien's work. Much rejoicing!"