Hollywood is about to stampede into Center Earth. An array of movie, merchandising, gaming and reside event rights to “Lord of the Rings,” “The Hobbit” and other titles from creator J.R.R. Tolkien are coming up for auction now that the Saul Zaentz Co. has resolved to offer its Tolkien holdings. Zaentz Co. has hired ACF Investment Lender to deal with the sale course of action, which is unfolding this week as bankers make the rounds of the logical Hollywood potential buyers. The Tolkien houses are projected to fetch at the very least $2 billion, primarily based on the latest high valuations for prime-tier IP and content producers. Reps for Zaentz…