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The two producers had originally inked a deal with New Line Pictures, which has since been purchased by Warner Bros., in 1998 in which they would hand over the rights to J.R.R. Tolkien's epic fantasy novels in exchange for $11.8 million and five percent of the profits from the three "Lord Of The Rings" movies and the "first motion picture" made from the source material, according to the Wall Street Journal.
The Weinsteins, at the time, had invest...