There is a green light at the end of a long tunnel for fans who have been waiting to take the cinematic journey back to Middle-earth. It was announced today by the studios involved that “The Hobbit,” film will shoot starting in February 2011 with Peter Jackson as its director, showing in two installments expect to hit theaters in December 2012 and 2013.
Jackson said in a press release from the studios:

“Exploring Tolkien’s Middle-earth goes way beyond a normal film-making experience. It’s an all-immersive journey into a very special place of imagination, beauty and drama. We’re looking forward to re-entering this wondrous world with Gandalf and Bilbo – and our friends at New Line Cinema, Warner Brothers and MGM”.

Fans have been waiting for this announcement since the cultural phenomenon of Jackson’s first ground-breaking foray into Middle-earth, “Lord of the Rings” trilogy swept the Oscars with its final installment, “Return of the King,” in 2003. The New Zealand director was largely unknown internationally last century when New Line Cinema took a risk to finance three films based on the book by J.R.R. Tolkien. He returns to the fabled setting as an accomplished and much sought-after director after an incredible amount of adversity preceded the start of the films.

According to the press release:

“Jackson will utilize groundbreaking visual effects and his incomparable story-telling to bring J.R.R. Tolkien’s novel to the big screen. Both Hobbit movies will be filmed in Digital 3-D, using the latest camera and stereo technology to create a high quality, comfortable viewing experience. Jackson also co-wrote the screenplays with Fran Walsh, Phillipa Boyens and Guillermo del Toro.

Continue reading “Peter Jackson will direct ‘The Hobbit’ in two installments, three dimensions”

OSCAR WINNER PETER JACKSON TO DIRECT “THE HOBBIT” IN TWO INSTALLMENTS
Peter Jackson Set to Direct J.R.R Tolkien’s “The Hobbit,” In a Two-Part 3D Production of Extraordinary Scope

(Los Angeles, October 15, 2010) The two films based on “The Hobbit” are now greenlit and will begin principal photography in February 2011, under the direction of Peter Jackson, it was jointly announced today by Toby Emmerich, President and Chief Operating Officer, New Line Cinema, Alan Horn, President and Chief Operating Officer, Warner Bros. and Steve Cooper, co-Chief Executive Officer of Metro-Goldwyn-Mayer Inc..

“Exploring Tolkien’s Middle-earth goes way beyond a normal film-making experience” Jackson says, “It’s an all-immersive journey into a very special place of imagination, beauty and drama. We’re looking forward to re-entering this wondrous world with Gandalf and Bilbo – and our friends at New Line Cinema, Warner Brothers and MGM”.

“Peter is a filmmaker of incomparable ability; having him return to Middle-earth to produce and direct is a dream come true. A true original, Peter is a gifted story-teller, visionary director and pioneer in film technology,” said Emmerich. “Reuniting with Peter, Fran and Philippa truly makes it feel like we are going ‘there and back again.’”

“There is no human being on the planet as qualified as Peter Jackson to direct these films,” said Horn. “Peter is incredibly talented and has the creative vision and experience to bring this beloved property to life in a way that no other filmmaker could. And the team of Fran Walsh and Philippa Boyens has proven through their work on the ‘Lord of the Rings’ trilogy that no one is more skilled at transforming Tolkien’s written words into a vibrant, living language that makes the audience believe they are not merely visiting Middle-earth, but actually living in it. We couldn’t be more thrilled and look forward to seeing ‘The Hobbit’ take shape under Peter’s stewardship and the team he is putting together.” Continue reading “Press Release from New Line/Warner Bros.: OSCAR WINNER PETER JACKSON TO DIRECT “THE HOBBIT” IN TWO INSTALLMENTS”

The Hobbit has finally been given the greenlight and will be made in 3-D with Sir Peter Jackson in the director’s chair.

Shooting will begin in February.

The announcement was made today jointly by New Line Cinema – which bankrolled The Lord of the Rings – and its parent company Warner Bros.

The announcement did not state whether the two part prequel to The Lord of the Rings would be shot in New Zealand.

Matt Dravitzki, Jackson’s assistant at Wingnut Films, said an annoucement on the place of filming would be “probably a week or two away”.

[Read on]

Bobafett sends in this recent message from Gerry Brownlee, Minister for Economic Developement in New Zealand. 14 Octorber 2010 Media Statement: The Screen Production and Developement Assosiation (SPADA), Actors’ Equity, and Council of Trade Unions representatives met today, in a meeting facilitated by Minister for Economic Developement Gerry Browlee. It was a useful and productive discussion. Thepartiesw have agreed to work together to udate the conditions of engagement for performers in the New Zealand screen production industry. The parties believe this process will help to ensure New Zealand remains an attractive screen production environment. No further comment will be made.

“The Hobbit” is still on hold.

A report in the New Zealand Herald quotes a spokesman for director-producer Peter Jackson as saying, “Warner Brothers are running financial models about the costs of shooting in a variety of countries. We expect a decision is still a week or two away.”

This came despite a meeting today between union and management representatives, which a statement characterized as “a useful and productive discussion.” Jackson’s spokesman told the Herald that the “Hobbit” situation remained unchanged following the meeting. More..

The LA Times is reporting that Lions Gate has thrown its hat in the ring one more time for control of MGM. Earlier this year, Lions Gate’s $1.4 billion bid was rejected by MGM and its creditors as being too low. The new proposal calls for a merger between the two companies with MGM lenders coming out of the deal with a 55% ownership in the new company, and a 45% share for Lions Gate. According to the Times, the development comes one day before Lions Gate is scheduled to square off in a Canadian court with dissident shareholder Carl Icahn. Ichan, Lions Gate’s biggest shareholder,  is suing Lions Gate over bad management decisions. Interestingly, he has also been purchasing MGM debt which, if converted to equity in a merger, would give him a substantial stake in MGM.

Where is Spyglass in all of this? Their offer to take over management of the studio in return for a 5% stake is still on the table (current lenders would get the other 95%). MGM lenders are scheduled to vote on the Spyglass deal on October 22 (another day to mark on your calendars). According to the Times, if MGM takes the Lions Gate offer instead, there will be a breakup fee owed to Spyglass of $4 to $5 million. Check out the following two Company Town blog entries at the Times for updates on the latest Lions Gate offer and where Carl Ichan fits in. Thanks to message board member ranger123 for the link to the first blog article.