This small blurb from a recent article at the Yahoo! Entertainment news section.

New Line has committed to make all three parts of “The Lord of the Rings” trilogy. While the films are not slated for release until 2001, 2002 and 2003, respectively, the move signals a desire to get into the studio act of event filmmaking — something that didn’t work with “Lost in Space” in ’98.

First, the release dates are seemingly wrong. Yet the final 2 film release dates are not set in stone. Second, who ever said that ‘Lost in Space’ was an event film?

Thanks to Sith Sunstorm for the tip!

Source: Complete Yahoo! Article