A dispute with his publisher, George Allen & Unwin, led to the book being offered to Collins in 1950. Tolkien intended The Silmarillion (itself largely unrevised at this point) to be published along with The Lord of the Rings, but A&U were unwilling to do this. After Milton Waldman, his contact at Collins, expressed the belief that The Lord of the Rings itself "urgently wanted cutting", Tolkien eventually demanded that they publish the book in 1952. Collins did not; and so Tolkien wrote to Allen and Unwin, saying, "I would gladly consider the publication of any part of the stuff."
For publication, the book was divided into three volumes: The Fellowship of the Ring (Books I, The Ring Sets Out, and II, The Ring Goes South), The Two Towers (Books III, The Treason of Isengard, and IV, The Ring Goes East), and The Return of the King (Books V, The War of the Ring, and VI, The End of the Third Age, plus six appendices). This was due largely to post-war paper shortages, as well as being a way to keep down the price of the book. Delays in producing appendices, maps and especially indices led to the volumes being published later than originally hoped — on 29 July 1954, on 11 November 1954 and on 20 October 1955 respectively in the United Kingdom, and slightly later in the United States. The Return of the King was especially delayed. Tolkien, moreover, did not especially like the title The Return of the King, believing it gave away too much of the storyline. He had originally suggested The War of the Ring, which was dismissed by his publishers.
The books were published under a profit-sharing arrangement, whereby Tolkien would not receive an advance or royalties until the books had broken even, after which he would take a large share of the profits. It has ultimately become the second best-selling novel ever written, with over 150 million copies sold. Only A Tale of Two Cities by Charles Dickens has sold more copies worldwide (over 200 million) while the fourth best-selling novel is Tolkien's The Hobbit.
Editions and revisions
In the early 1960s Donald A. Wollheim, science fiction editor of the paperback publisher Ace Books, claimed that The Lord of the Rings was not protected in the United States under American copyright law because Houghton Mifflin, the U.S. hardcover publisher, had neglected to copyright the work in the United States. Ace Books then proceeded to publish an edition, unauthorized by Tolkien and without paying royalties to him. Tolkien took issue with this and quickly notified his fans of this objection. Grass-roots pressure from these fans became so great that Ace Books withdrew their edition and made a nominal payment to Tolkien. Authorized editions followed from Ballantine Books and Houghton Mifflin to tremendous commercial success. By the mid-1960s the novel had become a cultural phenomenon. Tolkien undertook various textual revisions to produce a version of the book that would be published with his consent and establish an unquestioned US copyright. This text became the Second Edition of The Lord of the Rings, published in 1965. Houghton Mifflin editions after 1994 consolidate variant revisions by Tolkien, and corrections supervised by Christopher Tolkien, which resulted, after some initial glitches, in a computer-based unified text.
Posthumous publication of drafts
From 1988 to 1992 Christopher Tolkien published the surviving drafts of The Lord of The Rings, chronicling and illuminating with commentary the stages of the text's development, in volumes 6–9 of his History of Middle-earth series. The four volumes carry the titles The Return of the Shadow, The Treason of Isengard, The War of the Ring, and Sauron Defeated.
The novel has been translated, with various degrees of success, into at least 38 languages. Tolkien, an expert in philology, examined many of these translations, and made comments on each that reflect both the translation process and his work. As he was unhappy with some choices made by early translators, such as the Swedish translation by Åke Ohlmarks, Tolkien wrote a "Guide to the Names in The Lord of the Rings" (1967). Because The Lord of the Rings purports to be a translation of the fictitious Red Book of Westmarch, with the English language representing the Westron of the "original", Tolkien suggested that translators attempt to capture the interplay between English and the invented nomenclature of the English work, and gave several examples along with general guidance.