New Line founder Bob Shaye shows no signs of yielding in the company’s legal squabble with Peter Jackson over profits from “The Lord of the Rings.” In a conversation at AmPav on Tuesday with Variety editor-in-chief Peter Bart, Shaye said the company had already paid Jackson and his wife, Fran Walsh, $250 million in profit participation. The clash happened because “one of us has gotten poor counsel,” Shaye said, without elaborating. Co-chief Michael Lynne struck a more upbeat note. “We do want to settle our dispute and I think we will.” A “Hobbit” pic is still in the plans, both execs were coy about reports that Sam Raimi is being lined up to direct. “There’s never been any announcement,” Lynne said. “Like a lot of people, he might,” Shaye added. [More]

Who is the mysterious Dr Grordbort, and what has he got to do with New Zealand’s legendary multi Academy Award® winning Weta Workshop? Well, it seems that Grordbort has reached out from his parallel universe and appointed Weta Limited to manufacture his awesome range of Rayguns.

With names such as the MANMELTER 3600ZX Sub-Atomic Disintegrator Pistol; the F.M.O.M. INDUSTRIES Wave Disrupter Gun, or even the GOLIATHON 83 Infinity Beam Projector, you know that these have been created by a truly warped mind! [More]

Special effects king Richard Taylor will fly the Kiwi flag in Monaco this week amid the world’s leading entrepreneurs, a prospect he finds daunting. Attending the Ernst & Young World Entrepreneur of the Year awards, after winning the New Zealand title last October, Mr Taylor will compete against 46 others from around the world in the luxury Mediterranean port. But it was the prestigious company, rather than the swanky location, that was the biggest treat. “We have always thought of ourselves as creative people, not business people. It’s a bit daunting actually,” he said. [More]

Casting is now complete for the upcoming London revival of David Storey’s 1969 drama In Celebration, which will star screen actor Orlando Bloom. Joining the previously announced Bloom (as Steven), Lynda Baron (Mrs. Burnett), Gareth Farr (Colin), Paul Hilton (Andrew) and Ciaran McIntyre (Reardon) will be Tim Healy (as Mr. Shaw) and Dearbhla Molloy (as Mrs. Shaw). Anna Mackmin will direct the production, which begins previews July 5 at the Duke of York’s Theatre with an official opening July 12. Produced by Sonia Friedman Productions, the play is currently booking until Sept. 15. [More]

Craig writes: Angus McBride has passed away. Mr McBride created a number of pieces of artwork based on Tolkien’s Lord of the Rings for Iron Crown Enterprises Middle Earth Role Playing (MERP) game and Middle Earth Collectable Card Game (MECCG). [More]