Compa_Mighty writes: Not a huge thing, but The Hobbit was formally mentioned as one the upcoming MGM franchise movies, in the press release appointing Mary Parent “Chairperson, Worldwide Motion Picture Group at the studio”.

“MGM is planning an exciting fall and winter release schedule. In partnership with Sony Pictures Entertainment, MGM will bring new installments of two of its tentpole franchises – the new James Bond movie QUANTUM OF SOLACE and Steve Martin in PINK PANTHER 2. MGM will also release United Artists’ international thriller VALKYRIE, starring Tom Cruise on October 3. With the appointment of Parent, MGM will enter its new phase of evolution by focusing on its major movie franchises highlighted by JAMES BOND and PINK PANTHER sequels, THE HOBBIT, THOMAS CROWN AFFAIR 2, THE OUTER LIMITS, ROBOCOP, DEATH WISH and FAME, among others.

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