TheOneRing.net has received rock-solid information from an absolutely reliable source that the MGM financial situation is indeed what is behind the delays of the start of “The Hobbit.”
The venerable film studio behind James Bond and about 4,000 other titles is reported to be in about $3.7 billion in debt but holds the distribution rights for two “Hobbit” films that are under contract to be made by Warners Bros. The two studios have an agreement in place to produce and distribute the film but financial difficulties for MGM, including the potential sale of the studio and its holdings, including rights to the films based on the book by J.R.R. Tolkien, has delayed the films.
The source inside the production has told TheOneRing.net that all of the wrangling with MGM is indeed a significant part of possibly pushing the films back.
“At this stage we are all working and hoping for the best case scenario. Without a doubt, the MGM situation carries great importance.” Continue reading “Source says the MGM situation of ‘great importance’ to two potential ‘Hobbit’ films”
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Thanks to Ringer Alex for sending along this link today.
HONG KONG – One of Peter Jackson’s frequent collaborators says the “Lord of the Rings” director passed the torch to Mexican filmmaker Guillermo del Toro to give the trilogy’s two-part prequel, “The Hobbit,” a fresh look.
After the huge success of the “Rings” series, Jackson is now working on adapting the J.R.R. Tolkien fantasy novel that takes place before the trilogy. But this time the Oscar-winning New Zealand filmmaker is producing and working on the script, relinquishing directing duties to Del Toro, whose credits include “Pan’s Labyrinth” and the two “Hellboy” movies.
Read the full story at Yahoo.com. [Read More]
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Linuxelf sends along three new videos! They feature Vic James From Red Carpet Tours, Sideshow Collectables Launch and Peter Jackson talks about Premier of FOTR. These are old New Zealand news reports from 2001 – 2004. Enjoy the trip down memory lane! Continue reading “More NZ News Video Archives”
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LOS ANGELES and AUCKLAND, New Zealand, March 5 /PRNewswire/ — Academy Award®-winning director Sir Peter Jackson (The Lord of the Rings) selected Andres Borghi from Argentina as winner of the 100% Pure New Zealand Presents Your Big Break (www.your-big-break.com) short film competition today. Borghi’s film, “Working Day,” will air on IFC just prior to the Film Independent Spirit Awards live broadcast on March 5 at 8 p.m. Pacific/11 p.m. Eastern. According to Jackson, “The standard of all five films was very high. Any of them deserve to win, but it came down to personal choice. (Working Day) stood out as a fresh and original piece of storytelling. This was an extremely accomplished piece and I will definitely be keeping an eye out for Andres’ future work.” More..
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Rumors The Hobbit might be filmed in 3-D have been around for some time and dismissed often by Guillermo del Toro and Peter Jackson . Even last fall, del Toro stated on the TORN message boards:
“As a co-writer and director of this film … let me be very clear one more time: we are not talking about 3D, we are NOT writing the screenplay for 3D right now.
However, he did add this caveat:
If after “Avatar” the market may change and demands are put upon us, etc that is in the future. But if such things happen and we start discussing 3D down the line, I’ll let it be know here at TORN because that’s the proper way of doing things.
True to his word, del Toro has now added an update via the TORN forum:
I wouldn’t read much on it just yet, but now, after all this time, after AVATAR doing the Box Office it did, we have had enquires from above about The Hobbit being in 3-D. No impositions or heavy leaning. Just enquires. Just fulfilling my promise to let you all know if discussions ever started. Cheers, GDT
So while there is no confirmation on filming in 3-D, there is certainly discussions under way. Add your comments to the TORN forums here!
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Jack sends this in: Peter Jackson has joined other celebrities (including most of the cast from Lovely Bones) in signing paper hearts featuring Kermit the Frog, which are being auctioned off for charity. The proceeds will be going to Variety Kids. More..
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