Universal Logo
Universal Logo
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.

It is that time again – time for Ringer Diedye’s Flashback feature on TheOneRing.net! This week’s flashback details the events that took place in the Tolkien universe between August 23rd and August 30th. This is a weekly feature that Diedye posts in the forum, so if there is ever a time we don’t post it on the homepage of TORn, make sure to check the Main board in our forums. Click on the link below to transported in time!
Continue reading “Tolkien Flashback August 23rd-30th”

MGM Logo From IMDB: MGM Tuesday denied published speculation that it had retained Goldman Sachs to explore a possible sale. In a statement, the studio couched its denial in language that appeared to some to fortify the rumors, saying that while it had indeed retained Goldman Sachs it was doing so “to explore enhancements to MGM’s long-term capital structure.” At the same time, it insisted that its present owners, “are pleased with the company’s current momentum and are committed to the future growth of the studio.” But analysts were not so sure about the company’s current ability to acquire financing for its production slate given the sluggish economy and suggested that the rumors about a possible sale will only make the studio’s efforts to raise cash even more difficult. Nevertheless, other analysts pointed out that MGM — like most other studios — had already reduced its production schedule after going full bore earlier in the year in anticipation of a possible actors’ strike.

Christopher TolkienTORn has been following the developments of the infamous Tolkien lawsuit for a long time. For those of you who’d like to get caught up in one fell swoop, Frodo Franchise author Kristin Thompson has posted an in-depth blog entry on exactly what is going on:

At last I’ve had a chance to go through the various documents that have piled up this summer in the lawsuit by the Tolkien Trust against New Line Cinema. I first summarized the suit on February 18 and followed that up on April 21. Here I’ll try to lay out the highlights of what has happened since then, month by month. Earlier this year I was hopeful that we would see a settlement in the case this summer, but that was obviously overly optimistic.

[Read On]

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]

Businesswire.com reports: Greenberg Glusker announces that entertainment attorneys Bert Fields and Bonnie E. Eskenazi were included on The Hollywood Reporter’s Power Lawyers list– its annual report of the 100 most influential attorneys in the entertainment industry. One of just a handful of women named to the Power Lawyers list, Ms. Eskenazi regularly plays a leading role in resolving high-profile and landmark entertainment disputes. Currently, Ms. Eskenazi represents the Estate of J.R.R. Tolkien, the author of The Hobbit and The Lord of the Rings books, in a $150 million profit participation action against New Line Cinema.