http://www.telegraph.co.uk/books/author ... e-odyssey/
Yet, he did sell the film rights, right around this time I believe.He feels strongly that the Ring should not be filmed: “You can’t cramp narrative into dramatic form. It would be easier to film The Odyssey. Much less happens in it. Only a few storms.”
Of of the most interesting quotes for me is:
It is the appendix, Tolkien thinks, which has helped trigger the enormous new enthusiasm for the Ring among students in the United States: “A lot of it is just straight teenage stuff. I didn't mean it to be, but it’s perfect for them. I think they’re attracted by things that give verisimilitude.”