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Nikki Finke writes: I just heard that Universal has declined to exercise an option to co-finance DreamWorks’ Tintin with Steven Spielberg and Peter Jackson set to begin filming in October. The decision was quietly made a few weeks ago. So now DreamWorks will look only to owner Paramount for the rest of the moolah in the same way the two shared financing on Dreamgirls and Transformers. Unfortunately, Paramount is presently without an overall financing deal to mitigate risk, but is arranging it on a film-by-film basis. I say Tintin — to be played by Love Actually’s Thomas Sangster — sounds like an expensive but safe bet, considering that the beloved Belgian boy is a worldwide phenomenon, and that the two great filmmakers are directing and producing even though also participating as huge first-dollar-gross players. This latest wrinkle would be more interesting if, say, Uni’s decision hurt its about-to-become-closer relationship with DreamWorks. But it didn’t. As I already reported, GE’s Jeff Immelt and Uni’s Ron Meyer dined with Spielberg and Stacey Snider Thursday night while NBC Uni’s Jeff Zucker spent the better part of that afternoon with Steven planning out the rebuild of the fire-ravaged backlot.

Mark writes: I don’t know if you all have heard any whispers about a 3-D “Hobbit,” but CNN has an article that briefly mentions PJ and GDT in their article about futuristic three dimensional movies, “Film goes back to the future with 3D”:

‘Directors James Cameron and Peter Jackson also have climbed aboard the 3D band wagon — Cameron’s “Avatar” is due out in 2009, while Jackson will produce “The Hobbit,” with Guillermo del Toro directing.’

Ain’t It Cool News contributor Icaddy had the chance to see the unreleased trailer for Peter Jackson’s ‘The Lovely Bones’ at a Paramount press screening in London. This is what he had to say.

“Finally we got to see the trailer for lovely bones – have not read the book myself but my girlfriend ensures me that from the footage I described the film should be a massive hit. Trailer is very upsetting but in my mind give away WAY too much of the plot.”

Del Toro Jackson

According to The Sydney Morning Herald, there is still some discussion about whether “The Hobbit” should be one long movie (in two parts) or two self-contained movies, though there are no direct quotes on the subject.  However, comments regarding the collaboration between Del Toro and Jackson seem very positive:

“We’ve had a perfectly beautiful relationship so far where we understand each other’s role – I am the director and he is the producer,” he says. “He’s been incredibly supportive. I think that he understands that with a director comes a point of view. As long as those basics are understood, I think things are going to continue to be perfect.”

You can read the entire article here: Sydney Morning Herald

Guillermo del Toro and Peter JacksonFrodo Franchise‘ author, Kristin Thompson, points us to Variety.com today with further official word that our favorite scribes have all signed on the dotted line, so to speak:

Peter Jackson, Fran Walsh and Philippa Boyens have officially signed on to collaborate on “The Hobbit” and its sequel with director Guillermo del Toro. The announcement, from exec producers Jackson and Walsh and New Line president Toby Emmerich, came four months after del Toro confirmed he had signed on to direct both pics.

Read the full article at Variety.com and strap on your seatbelts – the funs is just getting started! [Variety.com]

Some news on the funding behind the upcoming ‘Hobbit’ films from Bloomberg.com:

Metro-Goldwyn-Mayer Inc., the movie studio controlled by private-equity firms, is raising as much as $600 million to produce some of its biggest films including “The Hobbit.” […] MGM’s would be the first movie fund completed since Deutsche Bank AG and Viacom Inc.’s Paramount Pictures scrapped plans last month to raise $450 million. The MGM fund includes “The Hobbit,” being produced by “Lord of the Rings” director Peter Jackson […] ”The Hobbit,” being directed by Guillermo del Toro, is scheduled for release in December 2011. Jackson’s three “Lord of the Rings” movies, distributed by New York-based Time Warner, each cost about $95 million to make, according to Imdb.com.

Thanks to Diedye for the heads up on the article and click on the link to read the full story. [Bloomberg]