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Money Face-Off: JRR Tolkien vs. JK Rowling

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This post is part of our Money Face-Offs feature. Let us know who you think comes out ahead in this head-to-head match-up, and check out our other Money Face-Off posts.

"I will take the Ring," he said, "though I do not know the way."
-- Frodo Baggins, The Fellowship of the Ring

"There is no good and evil, there is only power, and those too weak to seek it."
-- Voldemort, Harry Potter and the Philosopher's Stone

In the late 1920s, J.R.R. Tolkien started writing a fantastical story about magical creatures known as hobbits, elves, and dwarves, in a made up world he called Middle Earth, for the benefit of his children. The work he completed, The Hobbit, became the prelude to one of the great literary masterpieces of all time -- The Lord of the Rings trilogy. Some 70 years later, J.K. Rowling started writing a fantastical story about a different set of magical creatures known as witches and wizards, in a not so made up world called England, for the benefit of her daughter. That book, Harry Potter and the Philosopher's Stone (Harry Potter and the Sorcerer's Stone here in the States), and the six books that followed in the series, have made Rowling the wealthiest woman in the world.

The authors share many similarities. Both are British, use initials in place of their first names, are famous for one major literary contribution (although Rowling, having the benefit of still being alive, will have many years to change that), and have had cinematic empires based on their works.

The films based on these books are some of the top grossing of all time, and have been well received by critics and fans. But before these successful recent films, there were other attempts to adapt Tolkien. In the late 1970s, there were cartoon versions of The Hobbit and The Return of the King, which were done by the same people, and The Lord of the Rings, a separate entity featuring a different, rotoscoped, style of animation. None of these were commercially successful. Then came a director by the name of Peter Jackson.

The first of Peter Jackson's epic Lord of the Rings trilogy came out in 2001, the same year as the first Harry Potter film. Both grossed over $300 million in the U.S. and became international sensations. The Fellowship of the Ring went on to win four Oscars, while Harry Potter and the Sorcerer's Stone was nominated for three. All told, the Rings trilogy went on to win 17 Oscars, including Best Picture for the conclusion of the trilogy, The Return of the King. The Harry Potter movies have still yet to win an Oscar, although all but one has been nominated.

All three Lord of the Rings movies have grossed over $300 million each, putting them all in the top 20 grossing movies of all time. All five Harry Potter movies have grossed over $200 million each, but only the first film topped $300 million, and it sits as #19 on the top grossing movies of all time. There are, however, still two more movies in the Harry Potter series scheduled to come out, in 2008 and 2010, respectively. And Tolkien's works will also see at least one more adaptation, as the prequel to the Rings, The Hobbit, has also been announced.

As for the financial performances of the authors' actual masterpieces, that is a little more difficult to compare, as Tolkien's works were released decades ago and accurate sales records are not available. The Lord of the Rings was also printed during the World War, when supplies for extraneous things such as novels were very limited. That all being said, the trilogy has sold over 100 million copies to date. While that makes it one of the best-selling books of all time, it still pales in comparison to the Harry Potter novels, which have shattered records, selling over 500 million copies.

The debate on which author has been more influential and successful is far from over. Rowling is in the prime of her career, and Tolkien is still managing to have new works published, with The Children of Hurin, which was completed by his son, released earlier this year. Also, both authors will see more adaptations put to film. Only this is certain -- the impact of both authors is near immeasurable, stretching from publishers like Bloomsbury Publishing and Scholastic Corporation (NASDAQ: SCHL), to film Studios like Time Warner Inc's (NYSE: TWX) New Line Cinema and Warner Bros., and more importantly, to the imagination and education of millions of young people around the world.

Vote in our poll for J.K. Rowling or J.R.R. Tolkien, and let us know in the comments why your choice has the financial edge in this match-up. Also be sure to check out our other Money Face-Offs.

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Last updated: November 22, 2009: 05:21 AM

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