Diedye from our message boards sends this along. Mary Parent was recently quoted about MGM’s upcoming slate.
“For MGM, among those is a continuation of Bond and Pink Panther sequels, an announced remake of “Fame” and a not-yet-announced remake of “RoboCop,” possibly in 3-D. “‘RoboCop” would be great in 3-D, as would something we’re hoping to announce soon,” said Parent. This also includes “The Hobbit,” which will be filmed in two parts released in 2011 and 2012, and maybe more after. “There’s 80 years between the end of ‘The Hobbit’ and the beginning of ‘The Lord of the Rings,'” said Sloan. “Think of the franchise.” One other idea MGM was toying with was more “Rocky” films. Parent asked for a show of hands from the audience who might be in to that. Though there were a few very enthusiastic responses, many kept quiet.”
Kristin Thompson writes: On Saturday at Cannes, MGM CEO Harry Sloan dropped a couple of interesting remarks about Peter Jackson, Fran Walsh, and the Hobbit films. They’re on The Frodo Franchise, along with some links to background on MGM’s role in the production. 
Catherine Élise “Cate” Blanchett (born May 14, 1969) is an Academy Award- and Golden Globe Award-winning Australian actress and stage director. She has won various other acting awards, most notably two SAGs and two BAFTAs, as well as the Volpi Cup at 64th Venice International Film Festival. Blanchett came to international attention in the 1998 film Elizabeth, directed by Shekhar Kapur, in which she played Elizabeth I of England. She is also well known for her portrayals of the elf queen Galadriel in Peter Jackson’s The Lord of the Rings trilogy and Katharine Hepburn in Martin Scorsese’s The Aviator, a role which brought her the Academy Award for Best Supporting Actress. She and her husband Andrew Upton are currently artistic directors of the Sydney Theatre Company.