Hollywood keeps making movies families won't watch while 'Lord of the Rings' rerelease rakes in millions

The profitable rerelease of Peter Jackson’s "Lord of the Rings" trilogy reflects more than the staying power of the quarter-century-old J.R.R. Tolkien-based film franchise – it reveals a troubling creative gap in today’s Hollywood.

First released in 2001, "The Lord of the Rings: The Fellowship of the Ring," the epic high adventure fantasy film, grossed upwards of $900 million at the box office. Sequels "The Two Towers" (2002) and "The Return of the King" (2003) grossed over $2 billion combined.