The LA Times is reporting news we’ve all been waiting to hear: “The Hobbit” is finally close, maybe just days away, from getting a greenlight!
“The studios have nearly finalized a deal with director, producer and co-writer Peter Jackson to make the two movies and have resolved most other key issues that have long held up the project, including those related to underlying rights from the estate of author J.R.R. Tolkien. The one remaining hurdle is getting an official go-ahead from MGM, which is set to co-finance the movies because under a long-standing agreement it owns half the rights and controls international distribution.”
The story goes on to report that recent issues with various actors’ unions are also close to being resolved. An imminent green light would pave the way for filming to begin in January, keeping the targeted opening date of December, 2012 for the first movie doable. Interestingly, the story lists Peter Jackson as director, something that has yet to be confirmed. Stay tuned here for more on that, and the impending green light! … (Read More)