Full VersionDirector Peter Jackson, New Line Cinema and Metro-Goldwyn-Mayer Studios Inc said on Tuesday they have agreed to make two movies based on the book "The Hobbit" by J.R.R. Tolkien, ending months of legal wrangling.
Jackson, the director of the smash hit "Lord of the Rings" movies, and producer Fran Walsh will executive produce both a "Hobbit" movie and a sequel, but no decision has been made about who will direct the films, Bob Shaye and Michael Lynne, co-chairmen and co-CEOs of New Line told Reuters.
MGM Chairman Harry Sloan, who was credited by all parties for bringing about the deal, said Jackson found it "impossible" to direct the film and meet proposed release dates in 2010 and 2011 due to other projects on which he is now working.
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"He can't get it scheduled and he doesn't want the fans to have to wait for the next two movies," Sloan said. He said the studios might postpone the films if Jackson changed his mind.
Personally, I would have waited for the film to be directed by Peter Jackson, Instead of anyone else. Will it be as good without Peter as the director?
This news should make up for the lack of the weekly modupdate (Which didn't get posted due to a lack of news)
Edited by Solinx, 19 December 2007 - 06:58 PM.