John on December 20, 2007 at 10:55 am
And Peter Jackson is on board. From Time:
New Line’s tough last couple of years at the box office has also magnified the studio’s need for a sure hit like The Hobbit. Shaye and Lynne’s latest attempt to recreate the box office magic of Rings, the fantasy adaptation The Golden Compass, underperformed, with $25 million at the box office its opening weekend.
Since Cannes, New Line and Jackson have been hammering out an agreement. “We came to a place where both of us didn’t get exactly what we felt we should, but both of us felt it was still worth doing,” says Lynne.
Jackson delivered his stamp of approval in a statement: “I’m very pleased that we’ve been able to put our differences behind us, so that we may begin a new chapter with our old friends at New Line. We are delighted to continue our journey through Middle Earth.”
Principal photography on The Hobbit has been tentatively set to start in 2009, with the goal of releasing the film in 2010. And Jackson and Walsh have already come up with the plan for a sequel â€” a film that would link the conclusion of The Hobbit with the start of The Fellowship of the Rings. Expect that one in 2011. Which should give everyone time to start fighting again.
Not sure about the sequel idea. Sounds a bit sketchy. Jackson’s main strength thus far has been sticking to the material. But at least we’ll get The Hobbit, which in some ways is still my favorite of the books.
Category: Movies |