“The Hobbit” is finally happening.

After settling a lawsuit with Peter Jackson on “The Lord of the Rings,” New Line co-chairmen/co-CEOs Bob Shaye and Michael Lynne announced jointly with MGM chairman Harry Sloan that the way is clear to turn J.R.R. Tolkien’s “Hobbit” into two live-action films.

The resolution clears the way for “Spider-Man” helmer Sam Raimi to direct. While Shaye said no creative alignments have yet been made, Raimi has long been interested — as long as Jackson was involved or gave his blessing.Complete Article

This story is posted in the following categories: Hobbit Movie, Peter Jackson, The Hobbit Comments Off . Please click on a category name to view all stories related to it.

You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.