Which is why they don't want to give the rights out to the other work. Why they plan on getting the LOTR and The Hobbit rights back once they can.
I don't understand why people have a problem with that.
when it comes to this industry, the only problem i have is when a person gives the rights of their book to a film industry and they expect them to stay 100% faithful, and yet complain when it's not 100% faithful, even though they sold the rights to that film company... i find that very silly.
that company now has The Hobbit and The Lord of the Rings. their priority is to make a profit from this franchise, and they will do whatever they will to make a profit, and that includes changing the story, the characters, the flow, the tone, the dialogue, you name it... at this moment in time, the Tolkien family does not own The hobbit of the lord of the Rings. When they give those rights away, that industry has the right to change whatever they want to change for the sake of money.
they'll get it back eventually, but they dont own it right now... that may sound mean, but it's the truth. I love these movies, and it's these movies that inspired me to get the books, but to sit there and expect the film industry to stay 100% faithful, no matter what film that may be, that's being naive.
every single film adaptation has suffered from that. every single one.
that's what Hollywood is. a film industry that will make money at any cost.
it doesnt make Hollywood "right" in doing it, but any person who wants to get a story made into a movie should be aware of this.