CATE BLANCHETT, KEN STOTT, SYLVESTER MCCOY, MIKAEL PERSBRANDT JOIN CAST OF PETER JACKSON’S “THE HOBBIT”
Los Angeles, CA—December 7, 2010—Cate Blanchett, Ken Stott, Sylvester McCoy and Mikael Persbrandt have joined the cast of Peter Jackson’s highly anticipated adaptation of J.R.R. Tolkien’s epic “The Hobbit.” Also joining them are Ryan Gage, Jed Brophy and William Kircher. The films, which are scheduled to commence principal photography in February 2011, mark Jackson’s return to Middle-earth following his Oscar-winning “Lord of the Rings” trilogy. The announcement was made jointly 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.
Jackson, who directed all three “Lord of the Rings” films, will helm the two films back-to-back, telling the story of “The Hobbit” in two parts from a screenplay by Jackson, Fran Walsh, Philippa Boyens and Guillermo del Toro.
Cate Blanchett (“Lord of The Rings” trilogy, “The Curious Case of Benjamin Button”) will reprise her role from “Lord of The Rings” trilogy as Galadriel, the Lady of Lothlorien. Ken Stott (“Charlie Wilson’s War”, TV’s “Rebus”) will play the Dwarf Lord Balin, Sylvester McCoy (TV’s “Doctor Who”) will play the wizard Radagast the Brown and well-known Swedish actor, Mikael Persbrandt (“Everlasting Moments”, “Day and Night”) will play the shape-shifter Beorn. British actor Ryan Gage (“Outlaw”, TV’s “Doctors”) will play Drogo Baggins, with New Zealand actors Jed Brophy (“Lord of The Rings” trilogy, “District 9”) playing the role of the dwarf Nori, and William Kircher (“Out of the Blue”; TV’s “Legend of the Seeker”) rounding out the company of Thorin Oakensheild in role of the dwarf Bifur.
Peter Jackson welcomed the news of Cate Blanchett’s return to Middle-earth “Cate is one of my favorite actors to work with and I couldn’t be more thrilled to have her reprise the role she so beautifully brought to life in the earlier films” On the casting of Scottish actor Ken Stott, Jackson commented “Fran and I have long been fans of Ken’s work and are excited he will be joining us on this journey.” Jackson also welcomed the addition to the cast of Swedish actor, Mikael Persbrandt “The role of Beorn is an iconic one and Mikael was our first choice for the part. Since seeing him read for the role we can’t imagine anyone else playing this character.”
The actors join the previously announced cast including Martin Freeman (TV’s “Sherlock,” “Breaking and Entering”) as Bilbo Baggins, Richard Armitage (upcoming “Captain America: The First Avenger”), Aidan Turner (TV’s “Being Human”), Rob Kazinsky (TVs “EastEnders”), Graham McTavish (“Secretariat”), John Callen (TV’s “Power Rangers Jungle Fury”), Stephen Hunter (TV’s “All Saints”), Mark Hadlow (“King Kong”) and Peter Hambleton (TV’s “The Strip”). Additional cast announcements include James Nesbitt (“Millions” and TV’s “Cold Feet”) and newcomer Adam Brown.
Since “The Hobbit” films received a green light on October 15, pre-production has been in full swing with release dates targeted for December, 2012 and December, 2013. Jackson will utilize groundbreaking visual effects and his incomparable storytelling 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.
The two films are being co-produced by New Line Cinema and MGM, with New Line managing production, Warner Bros Pictures handling domestic distribution and MGM distributing internationally.
Peter Jackson, Fran Walsh and Carolynne Cunningham are producing the films, with co-writer Philippa Boyens serving as co-producer and Ken Kamins and Zane Weiner as executive producers. The Oscar-winning, critically acclaimed “The Lord of the Rings” trilogy, also from the production team of Jackson, Walsh and Cunningham, grossed nearly $3 billion worldwide at the box office.. In 2003, “The Return of the King” swept the Academy Awards, winning all of the 11 categories in which it was nominated, including Best Picture – the first ever Best Picture win for a fantasy film. The trilogy’s production was also unprecedented at the time.
ABOUT NEW LINE CINEMA:
New Line Cinema continues to be one of the most successful independent film companies. For more than 40 years, its mission has been to produce innovative, popular, profitable entertainment in the best creative environment. A pioneer in franchise filmmaking, New Line produced the Oscar®-winning “The Lord of the Rings” trilogy, which is a landmark in the history of film franchises. New Line Cinema is a division of Warner Bros.
ABOUT PETER JACKSON/WINGNUT FILMS:
Peter Jackson is one of the world’s most successful filmmakers. His monumental achievement co-writing, co-producing and directing The Lord of the Rings trilogy (with fellow Academy Award winners and frequent collaborators Fran Walsh and Philippa Boyens) earned a total of 30 Academy Award nominations and 17 Academy Awards. Jackson and Walsh received their first Oscar nomination for Best Original Screenplay for their acclaimed film Heavenly Creatures. Jackson, through his New Zealand-based Wingnut Films banner, also was responsible for the globally successful 2005 remake of King Kong which earned over $500 million worldwide and 3 Academy Awards. Jackson most recently directed the Academy Award nominated The Lovely Bones; an adaptation of the acclaimed best-selling novel by Alice Sebold, which to date has earned nearly $100 million worldwide; and produced the global sensation, District 9, which received an Academy Award nomination for Best Picture. He is also developing a trilogy of films with Steven Spielberg based on Tintin, the world renowned comic book series by Herge. In 2010 he received a Knighthood for his services to film.
ABOUT METRO-GOLDWYN-MAYER STUDIOS INC.
Metro-Goldwyn-Mayer Studios Inc. is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music, and licensed merchandise. The company owns the world’s largest library of modern films, comprising around 4,100 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., MGM Television Entertainment Inc., MGM Networks Inc., MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in domestic and international TV channels reaching over 130 countries. For more information, visit www.mgm.com.
"The Hobbit" is finally happening! - To go into production at MGM
As if this wasn't a given...
Howard Shore Returning For The Hobbit
by James White (from EmpireOnline)
Given that he was responsible for the musical themes, atmosphere and voice of Peter Jackson’s Lord of the Rings trilogy, it was a good bet that Howard Shore would return to provide the audio accompaniment for Bilbo Baggins’ quest in the Hobbit films. But it wasn’t 100% confirmed – after all, while we’re pretty certain Jackson would have gone straight to Shore, there’s a chance the composer could have decided it was too much of a commitment and gracefully declined. But nope – he’s back.
Talking to Canadian paper The Province, Shore revealed that he is now getting set to devote another chunk of his life to crafting the music of Middle-earth. "We've talked about making these movies for many years, at least since 2002," says the composer. "It looks like finally it's going to be happening. I'll be working on it for the next three years - it's going to consume a lot of my time and work now."
It’s certainly reassuring to know that Shore’s score will be serenading Martin Freeman, Richard Armitage, James Nesbitt, Aidan Turner, Rob Kazinsky, Stephen Hunter, Graham McTavish, John Callen, Mark Hadlow and the rest on their journey. We can’t wait to hear what Shore comes up with this time…
Howard Shore Returning For The Hobbit
by James White (from EmpireOnline)
Given that he was responsible for the musical themes, atmosphere and voice of Peter Jackson’s Lord of the Rings trilogy, it was a good bet that Howard Shore would return to provide the audio accompaniment for Bilbo Baggins’ quest in the Hobbit films. But it wasn’t 100% confirmed – after all, while we’re pretty certain Jackson would have gone straight to Shore, there’s a chance the composer could have decided it was too much of a commitment and gracefully declined. But nope – he’s back.
Talking to Canadian paper The Province, Shore revealed that he is now getting set to devote another chunk of his life to crafting the music of Middle-earth. "We've talked about making these movies for many years, at least since 2002," says the composer. "It looks like finally it's going to be happening. I'll be working on it for the next three years - it's going to consume a lot of my time and work now."
It’s certainly reassuring to know that Shore’s score will be serenading Martin Freeman, Richard Armitage, James Nesbitt, Aidan Turner, Rob Kazinsky, Stephen Hunter, Graham McTavish, John Callen, Mark Hadlow and the rest on their journey. We can’t wait to hear what Shore comes up with this time…
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James Nesbitt and Adam Brown Join The Hobbit
British actor James Nesbitt (Millions and TV's "Cold Feet") has joined the ensemble cast of The Hobbit, 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 MGM.
Nesbitt will play Bofur, a disarmingly forthright, funny and occasionally brave Dwarf. "James's charm, warmth and wit are legendary as is his range as an actor in both comedic and dramatic roles. We feel very lucky to be able to welcome him as one of our cast." said director Peter Jackson.
Newcomer Adam Brown will play Ori, another of the Dwarf Company which sets out to reclaim the Lonely Mountain from the infamous dragon, Smaug. Jackson comments, "Adam is a wonderfully expressive actor and has a unique screen presence. I look forward to seeing him bring Ori to life."
Nesbitt and Brown will join the cast announced on October 21, which includes Martin Freeman, Richard Armitage (soon to appear in Captain America: The First Avenger), Aidan Turner (TV's "Being Human"), Rob Kazinsky (TVs "EastEnders"), Graham McTavish (Secretariat), John Callen (TV's "Power Rangers Jungle Fury"), Stephen Hunter (TV's "All Saints"), Mark Hadlow (King Kong) and Peter Hambleton (TV's "The Strip").
Since The Hobbit films received a green light on October 15, pre-production has been in full swing with release dates set for December, 2012 and December, 2013. The two The Hobbit films are being co-produced by New Line Cinema and MGM, with New Line managing production, Warner Bros Pictures handling domestic distribution and MGM distributing internationally.
Peter Jackson, Fran Walsh and Carolynne Cunningham are producing the films, with co-writer Philippa Boyens serving as co-producer and Ken Kamins as executive producer. The Oscar-winning, critically acclaimed "LOTR" trilogy, also from the production team of Jackson, Walsh and Cunningham, grossed nearly $3 billion worldwide at the box office. In 2003, "Return of the King swept the Academy Awards, winning all of the 11 categories in which it was nominated, including Best Picture – the first ever Best Picture win for a fantasy film. The trilogy’'s production was also unprecedented at the time.
British actor James Nesbitt (Millions and TV's "Cold Feet") has joined the ensemble cast of The Hobbit, 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 MGM.
Nesbitt will play Bofur, a disarmingly forthright, funny and occasionally brave Dwarf. "James's charm, warmth and wit are legendary as is his range as an actor in both comedic and dramatic roles. We feel very lucky to be able to welcome him as one of our cast." said director Peter Jackson.
Newcomer Adam Brown will play Ori, another of the Dwarf Company which sets out to reclaim the Lonely Mountain from the infamous dragon, Smaug. Jackson comments, "Adam is a wonderfully expressive actor and has a unique screen presence. I look forward to seeing him bring Ori to life."
Nesbitt and Brown will join the cast announced on October 21, which includes Martin Freeman, Richard Armitage (soon to appear in Captain America: The First Avenger), Aidan Turner (TV's "Being Human"), Rob Kazinsky (TVs "EastEnders"), Graham McTavish (Secretariat), John Callen (TV's "Power Rangers Jungle Fury"), Stephen Hunter (TV's "All Saints"), Mark Hadlow (King Kong) and Peter Hambleton (TV's "The Strip").
Since The Hobbit films received a green light on October 15, pre-production has been in full swing with release dates set for December, 2012 and December, 2013. The two The Hobbit films are being co-produced by New Line Cinema and MGM, with New Line managing production, Warner Bros Pictures handling domestic distribution and MGM distributing internationally.
Peter Jackson, Fran Walsh and Carolynne Cunningham are producing the films, with co-writer Philippa Boyens serving as co-producer and Ken Kamins as executive producer. The Oscar-winning, critically acclaimed "LOTR" trilogy, also from the production team of Jackson, Walsh and Cunningham, grossed nearly $3 billion worldwide at the box office. In 2003, "Return of the King swept the Academy Awards, winning all of the 11 categories in which it was nominated, including Best Picture – the first ever Best Picture win for a fantasy film. The trilogy’'s production was also unprecedented at the time.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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Finally, everything is over... "The Hobbit" really IS finally happening!!!!
New Zealand, filmmakers reach agreement on 'Hobbit' movies
The New Zealand government said Wednesday it has reached an agreement with filmmaker Peter Jackson and Warner Bros studios to ensure that the "Hobbit" movies will be made in the country.
A labor dispute between the filmmakers and New Zealand actors had threatened to derail the $500-million project from being shot there.
The two-film project is the predecessor story to "Lord of the Rings" -- a trilogy that was a box office smash worldwide.
Actors in New Zealand work as independent contractors. The New Zealand Actors Equity mounted a campaign to press for union wages and work standards.
They had called on their unions in other countries to boycott "The Hobbit" to press for a new contract.
In response, Jackson threatened to move production off-shore.
On Wednesday, Prime Minister John Key announced that an agreement had been reached -- but he did not elaborate.
"I am delighted we have achieved this result," Key said. "Making the two Hobbit movies here will not only safeguard work for thousands of New Zealanders, but it will also follow the success of the 'Lord Of The Rings' trilogy in once again promoting NZ on the world stage."
Key said lawmakers will introduce legislation Thursday to "clarify the distinction between independent contractors and employees as it relates to the film production industry."
"It is this clarification that will guarantee the movies are made in New Zealand," he said.
Filming is expected to start early next year, with "Lord of the Rings" actors Ian McKellen and Andy Serkis rumored to reprise their roles as Gandalf and Gollum.
"It's good to have the uncertainty over, and to have everyone now full steam ahead on this project," Key said.
New Zealand, filmmakers reach agreement on 'Hobbit' movies
The New Zealand government said Wednesday it has reached an agreement with filmmaker Peter Jackson and Warner Bros studios to ensure that the "Hobbit" movies will be made in the country.
A labor dispute between the filmmakers and New Zealand actors had threatened to derail the $500-million project from being shot there.
The two-film project is the predecessor story to "Lord of the Rings" -- a trilogy that was a box office smash worldwide.
Actors in New Zealand work as independent contractors. The New Zealand Actors Equity mounted a campaign to press for union wages and work standards.
They had called on their unions in other countries to boycott "The Hobbit" to press for a new contract.
In response, Jackson threatened to move production off-shore.
On Wednesday, Prime Minister John Key announced that an agreement had been reached -- but he did not elaborate.
"I am delighted we have achieved this result," Key said. "Making the two Hobbit movies here will not only safeguard work for thousands of New Zealanders, but it will also follow the success of the 'Lord Of The Rings' trilogy in once again promoting NZ on the world stage."
Key said lawmakers will introduce legislation Thursday to "clarify the distinction between independent contractors and employees as it relates to the film production industry."
"It is this clarification that will guarantee the movies are made in New Zealand," he said.
Filming is expected to start early next year, with "Lord of the Rings" actors Ian McKellen and Andy Serkis rumored to reprise their roles as Gandalf and Gollum.
"It's good to have the uncertainty over, and to have everyone now full steam ahead on this project," Key said.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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The Hobbit Casting Announced!
Source: New Line/Warner Bros.
October 21, 2010
Martin Freeman, Richard Armitage, Rob Kazinsky, Aidan Turner, Graham McTavish, John Callen, Stephen Hunter, Mark Hadlow and Peter Hambleton have joined the ensemble cast of The Hobbit, 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.; Steve Cooper, co-Chief Executive Officer of Metro-Goldwyn-Mayer Inc., and Peter Jackson.
Since The Hobbit films received a green light on October 15, pre-production has been in full swing. Set for release in December, 2012 and December, 2013, we can confirm that Martin Freeman (The Hitchhikers Guide to the Galaxy, Hot Fuzz) will play Bilbo Baggins, the hero of the story. Richard Armitage (UK TV's "MI-5" and soon to appear in Captain America: The First Avenger) is set to play Thorin Oakenshield, the leader of the Company of Dwarves which sets off to reclaim the Lonely Mountain from a thieving dragon.
"Despite the various rumors and speculation surrounding this role, there has only ever been one Bilbo Baggins for us," says Peter Jackson. "There are a few times in your career when you come across an actor who you know was born to play a role, but that was the case as soon as I met Martin. He is intelligent, funny, surprising and brave - exactly like Bilbo and I feel incredibly proud to be able to announce that he is our Hobbit."
He adds: "Richard is one of the most exciting and dynamic actors working on screen today and we know he is going to make an amazing Thorin Oakensheild. We cannot wait to start this adventure with him and feel very lucky that one of the most beloved characters in Middle-earth is in such good hands."
Rounding out the Company of Dwarves are Aidan Turner (TV's "Being Human") and Rob Kazinsky (TVs "EastEnders") who play Kili and Fili, respectively. Jackson comments, "Rob is an extremely talented young actor with a huge career in front of him, I'm thrilled that he has agreed to take on the role of Fili. Besides his talent as an actor, Rob is also a champion sword fighter; I'm looking forward to seeing the damage he can do to a horde of marauding Goblins!" He continues, "Adian is a wonderfully gifted young actor who hails from Ireland. I'm sure he will bring enormous heart and humor to the role of Kili."
The remaining dwarves will be played by Graham McTavish (Secretariat and TV's "24") as Dwalin; John Callen (TV's "Power Rangers Jungle Fury") as Oin; Stephen Hunter (TV's "All Saints") as Bombur; Mark Hadlow (King Kong) as Dori; and Peter Hambleton (TV's "The Strip") as Gloin.
Jackson notes, "Graham is a terrific actor, with a great depth of experience, which I know he will bring to the role of "Dwalin. I have worked with Mark Hadlow on many projects; he is a fantastic actor. I am thrilled to be working with both of them on these movies. He adds, "I am also proud to announce the casting of New Zealand actors as Peter Hambleton, John Callen and Stephen Hunter. Fran and I know that they will bring great depth and talent to our Company of Dwarves."
The two "The Hobbit" films are being co-produced by New Line Cinema and MGM, with New Line managing production, Warner Bros Pictures handling domestic distribution and MGM distributing internationally. Peter Jackson, Fran Walsh and Carolynne Cunningham are producing the films, with Phillipa Boyens serving as co-producer and Ken Kamins as executive producer.
Source: New Line/Warner Bros.
October 21, 2010
Martin Freeman, Richard Armitage, Rob Kazinsky, Aidan Turner, Graham McTavish, John Callen, Stephen Hunter, Mark Hadlow and Peter Hambleton have joined the ensemble cast of The Hobbit, 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.; Steve Cooper, co-Chief Executive Officer of Metro-Goldwyn-Mayer Inc., and Peter Jackson.
Since The Hobbit films received a green light on October 15, pre-production has been in full swing. Set for release in December, 2012 and December, 2013, we can confirm that Martin Freeman (The Hitchhikers Guide to the Galaxy, Hot Fuzz) will play Bilbo Baggins, the hero of the story. Richard Armitage (UK TV's "MI-5" and soon to appear in Captain America: The First Avenger) is set to play Thorin Oakenshield, the leader of the Company of Dwarves which sets off to reclaim the Lonely Mountain from a thieving dragon.
"Despite the various rumors and speculation surrounding this role, there has only ever been one Bilbo Baggins for us," says Peter Jackson. "There are a few times in your career when you come across an actor who you know was born to play a role, but that was the case as soon as I met Martin. He is intelligent, funny, surprising and brave - exactly like Bilbo and I feel incredibly proud to be able to announce that he is our Hobbit."
He adds: "Richard is one of the most exciting and dynamic actors working on screen today and we know he is going to make an amazing Thorin Oakensheild. We cannot wait to start this adventure with him and feel very lucky that one of the most beloved characters in Middle-earth is in such good hands."
Rounding out the Company of Dwarves are Aidan Turner (TV's "Being Human") and Rob Kazinsky (TVs "EastEnders") who play Kili and Fili, respectively. Jackson comments, "Rob is an extremely talented young actor with a huge career in front of him, I'm thrilled that he has agreed to take on the role of Fili. Besides his talent as an actor, Rob is also a champion sword fighter; I'm looking forward to seeing the damage he can do to a horde of marauding Goblins!" He continues, "Adian is a wonderfully gifted young actor who hails from Ireland. I'm sure he will bring enormous heart and humor to the role of Kili."
The remaining dwarves will be played by Graham McTavish (Secretariat and TV's "24") as Dwalin; John Callen (TV's "Power Rangers Jungle Fury") as Oin; Stephen Hunter (TV's "All Saints") as Bombur; Mark Hadlow (King Kong) as Dori; and Peter Hambleton (TV's "The Strip") as Gloin.
Jackson notes, "Graham is a terrific actor, with a great depth of experience, which I know he will bring to the role of "Dwalin. I have worked with Mark Hadlow on many projects; he is a fantastic actor. I am thrilled to be working with both of them on these movies. He adds, "I am also proud to announce the casting of New Zealand actors as Peter Hambleton, John Callen and Stephen Hunter. Fran and I know that they will bring great depth and talent to our Company of Dwarves."
The two "The Hobbit" films are being co-produced by New Line Cinema and MGM, with New Line managing production, Warner Bros Pictures handling domestic distribution and MGM distributing internationally. Peter Jackson, Fran Walsh and Carolynne Cunningham are producing the films, with Phillipa Boyens serving as co-producer and Ken Kamins as executive producer.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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Finally some word on casting...
James Nesbitt is the first new actor to sign on for the films. He will be portraying the dwarf Bofur. Additionally, Michael Fassbender and David Tennant are in negotiations for roles in the films. No word on who they might be portraying (although my money is on Bard for Fassbender).
Martin Freeman is reportedly in negotiations to portray Bilbo. The producers are trying to work around his schedule so that he can do both "Sherlock" for the BBC and "The Hobbit."
Sylvester McCoy is in negotiations to portray the wizard Radagast the Brown.
Edited By MovieWes on 1287382259
James Nesbitt is the first new actor to sign on for the films. He will be portraying the dwarf Bofur. Additionally, Michael Fassbender and David Tennant are in negotiations for roles in the films. No word on who they might be portraying (although my money is on Bard for Fassbender).
Martin Freeman is reportedly in negotiations to portray Bilbo. The producers are trying to work around his schedule so that he can do both "Sherlock" for the BBC and "The Hobbit."
Sylvester McCoy is in negotiations to portray the wizard Radagast the Brown.
Edited By MovieWes on 1287382259
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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The official press release from New Line/Warner Bros.
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."
"MGM is excited to move forward and add to the successful 'Lord of the Rings' franchise," said Cooper. "Under Peter's direction, the films will undoubtedly appeal to fans of the original 'LOTR' trilogy and also bring the stories to a new generation of fans."
Jackson, who directed all three "Lord of the Rings" films, will helm the two films back-to-back, telling the story of "The Hobbit" in two parts. 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.
"The Hobbit" is being co-produced by New Line Cinema and MGM, with New Line managing production, Warner Bros Pictures handling domestic distribution and MGM distributing internationally. Peter Jackson, Fran Walsh and Carolynne Cunningham are producing the films, with Phillipa Boyens as co-producer and Ken Kamins as executive producer.
The Oscar-winning, critically acclaimed LOTR trilogy grossed nearly $3 billion worldwide at the box office. In 2003, "Return of the King" swept the Academy Awards, winning all of the 11 categories in which it was nominated, including Best Picture – the first ever Best Picture win for a fantasy film. The trilogy's production was also unprecedented at the time.
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."
"MGM is excited to move forward and add to the successful 'Lord of the Rings' franchise," said Cooper. "Under Peter's direction, the films will undoubtedly appeal to fans of the original 'LOTR' trilogy and also bring the stories to a new generation of fans."
Jackson, who directed all three "Lord of the Rings" films, will helm the two films back-to-back, telling the story of "The Hobbit" in two parts. 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.
"The Hobbit" is being co-produced by New Line Cinema and MGM, with New Line managing production, Warner Bros Pictures handling domestic distribution and MGM distributing internationally. Peter Jackson, Fran Walsh and Carolynne Cunningham are producing the films, with Phillipa Boyens as co-producer and Ken Kamins as executive producer.
The Oscar-winning, critically acclaimed LOTR trilogy grossed nearly $3 billion worldwide at the box office. In 2003, "Return of the King" swept the Academy Awards, winning all of the 11 categories in which it was nominated, including Best Picture – the first ever Best Picture win for a fantasy film. The trilogy's production was also unprecedented at the time.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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It is official. The film has been greenlit. From TIME Magazine (a subsidiary of WB no less)...
Peter Jackson Definitely Directing The Hobbit
By: Megan Gibson
It's been decided--the movie adaptation of J.R.R. Tolkien's The Hobbit will (thankfully!) be directed by The Lord of the Rings director Peter Jackson.
Unfortunately, the movie still has another obstacle in its way before a February start date can be confirmed for filming. Warner Brothers' New Line Cinema unit and MGM are financing the film project--which will be broken into two movies--and a budget has already been drawn up for filming in New Zealand. Yet it seems that a union dispute could prevent local actors and contractors from signing on.
The New York Times Arts Beat blog reports that "New Zealand officials have said the production can't legally enter a collective bargaining arrangement with its actor-contractors, but unions there have insisted that a deal could be struck."
So while all those Tolkien fans out there just might have to wait longer than anticipated, at least they can rest easy knowing the film is in Jackson's capable hands.
Peter Jackson Definitely Directing The Hobbit
By: Megan Gibson
It's been decided--the movie adaptation of J.R.R. Tolkien's The Hobbit will (thankfully!) be directed by The Lord of the Rings director Peter Jackson.
Unfortunately, the movie still has another obstacle in its way before a February start date can be confirmed for filming. Warner Brothers' New Line Cinema unit and MGM are financing the film project--which will be broken into two movies--and a budget has already been drawn up for filming in New Zealand. Yet it seems that a union dispute could prevent local actors and contractors from signing on.
The New York Times Arts Beat blog reports that "New Zealand officials have said the production can't legally enter a collective bargaining arrangement with its actor-contractors, but unions there have insisted that a deal could be struck."
So while all those Tolkien fans out there just might have to wait longer than anticipated, at least they can rest easy knowing the film is in Jackson's capable hands.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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MovieWes
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According to multiple sources, The Hobbit films have finally been given the greenlight and Peter Jackson has been signed to direct. Production will reportedly begin in February.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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MovieWes
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From EmpireOnline...
Martin Freeman Talks The Hobbit
Exclusive: Actor could still be Bilbo
Middle Earth fans, hold on to your oakenshields. Martin Freeman has been linked with the role of Bilbo Baggins in The Hobbit for ages now, but he's said precious little about the tenacious rumours. You know what the next bit is: until now.
‘They are as yet rumours, but stranger things have happened,’ Freeman told Empire, while promoting his BBC Radio 3 play, an adaptation of B. S. Johnson’s novel The Unfortunates.
Speaking of unfortunates, Freeman confirmed what many have suspected for weeks – that he was lined up for the role, but had to turn it down. "I did have to say no to it for the second series of Sherlock," he says of the BBC 1 show in which he plays Dr. Watson. "But if something could be worked out, that would be great." But it must have been tough having to turn down such a plum part? "Oh yeah, I did it with a heavy heart, definitely."
But with The Hobbit’s starting date still up in the air, it seems there may still be room for manoeuvre. "I’d like to think so. If there is any outside possibility, then that would be great. But I’ve learned not to think too much or hope too much about stuff. It will happen if it happens."
Though Freeman wasn’t immersed in The Hobbit as a child, he admits to being impressed by the Lord of the Rings trilogy, where Bilbo was of course played by Alien star Ian Holm. "I wasn’t a fan of it as a kid but I did like the films," he said. "I think Ian [McKellen] is very good, and [director Peter] Jackson’s a clever man. I thought what he did with them was interesting and entertaining."
Freeman also agreed that it would be refreshing to see Bilbo played by a slightly older actor, rather than someone fresh out of drama school (he's 39). "Absolutely, because Bilbo isn’t 20 at this stage of the story,’ he said, ‘and I reckon I could do a young Ian Holm. I think I could give that a go."
We're with him on that. So, do you agree? Would Freeman make a good Bilbo? Should, more importantly, Freeman make a good Bilbo? And how gutting must it be to turn down the role of a lifetime? As ever, vent your thoughts below...
Martin Freeman Talks The Hobbit
Exclusive: Actor could still be Bilbo
Middle Earth fans, hold on to your oakenshields. Martin Freeman has been linked with the role of Bilbo Baggins in The Hobbit for ages now, but he's said precious little about the tenacious rumours. You know what the next bit is: until now.
‘They are as yet rumours, but stranger things have happened,’ Freeman told Empire, while promoting his BBC Radio 3 play, an adaptation of B. S. Johnson’s novel The Unfortunates.
Speaking of unfortunates, Freeman confirmed what many have suspected for weeks – that he was lined up for the role, but had to turn it down. "I did have to say no to it for the second series of Sherlock," he says of the BBC 1 show in which he plays Dr. Watson. "But if something could be worked out, that would be great." But it must have been tough having to turn down such a plum part? "Oh yeah, I did it with a heavy heart, definitely."
But with The Hobbit’s starting date still up in the air, it seems there may still be room for manoeuvre. "I’d like to think so. If there is any outside possibility, then that would be great. But I’ve learned not to think too much or hope too much about stuff. It will happen if it happens."
Though Freeman wasn’t immersed in The Hobbit as a child, he admits to being impressed by the Lord of the Rings trilogy, where Bilbo was of course played by Alien star Ian Holm. "I wasn’t a fan of it as a kid but I did like the films," he said. "I think Ian [McKellen] is very good, and [director Peter] Jackson’s a clever man. I thought what he did with them was interesting and entertaining."
Freeman also agreed that it would be refreshing to see Bilbo played by a slightly older actor, rather than someone fresh out of drama school (he's 39). "Absolutely, because Bilbo isn’t 20 at this stage of the story,’ he said, ‘and I reckon I could do a young Ian Holm. I think I could give that a go."
We're with him on that. So, do you agree? Would Freeman make a good Bilbo? Should, more importantly, Freeman make a good Bilbo? And how gutting must it be to turn down the role of a lifetime? As ever, vent your thoughts below...
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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MovieWes
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Not really a Hobbit story, per se, but it is significant in the ongoing saga...
Lions Gate makes another run at MGM
October 11, 2010 | 8:27 pm
In a surprise move, Lions Gate Entertainment has made another merger proposal to MGM lenders, potentially upsetting a proposed prepackaged bankruptcy plan that would hand debt-holders about 95% of the studio, according to people close to the matter.
The development comes one day before Lions Gate is scheduled to square off in a Canadian court with dissident shareholder Carl Icahn.
Lions Gate's proposal, which would give MGM lenders a 55% stake in the merged company, would combine Hollywood's leading independent movie and television studio with one of industry's oldest, but most financially crippled, studios with an extensive film library.
The proposed merger appears to be a defensive move on the part of Lions Gate management, which has been under assault by Icahn for more than a year.
MGM's current bankruptcy plan calls for Spyglass Entertainment principals Gary Barber and Roger Birnbaum to take over the management of the studio along with a minority ownership stake of just under 5%. That plan still has to be approved by approximately 100 MGM lenders. The votes are due Oct. 22.
If the lenders end up favoring an alternative bid from Lions Gate or any other party, they're on the hook to pay Spyglass a breakup fee of $4 million to $5 million.
The wild card in any scenario is Icahn. Although he's been battling Lions Gate management, claiming the company has been poorly run, he has also signaled that he'd be willing to consider a merger between Lions Gate and MGM, which many industry observers consider logical.
At the same time, Icahn recently has been accumulating debt in MGM, fueling speculation that he might make another run at MGM.
[Update, Oct. 12, 6:32 a.m.: Icahn announced Tuesday morning that he supports the merger proposal.]
In June, Lions Gate was in merger talks with MGM after previously making a bid to buy the hobbled studio for $1.4 billion. Lions Gate was told its offer was too low.
Lions Gate makes another run at MGM
October 11, 2010 | 8:27 pm
In a surprise move, Lions Gate Entertainment has made another merger proposal to MGM lenders, potentially upsetting a proposed prepackaged bankruptcy plan that would hand debt-holders about 95% of the studio, according to people close to the matter.
The development comes one day before Lions Gate is scheduled to square off in a Canadian court with dissident shareholder Carl Icahn.
Lions Gate's proposal, which would give MGM lenders a 55% stake in the merged company, would combine Hollywood's leading independent movie and television studio with one of industry's oldest, but most financially crippled, studios with an extensive film library.
The proposed merger appears to be a defensive move on the part of Lions Gate management, which has been under assault by Icahn for more than a year.
MGM's current bankruptcy plan calls for Spyglass Entertainment principals Gary Barber and Roger Birnbaum to take over the management of the studio along with a minority ownership stake of just under 5%. That plan still has to be approved by approximately 100 MGM lenders. The votes are due Oct. 22.
If the lenders end up favoring an alternative bid from Lions Gate or any other party, they're on the hook to pay Spyglass a breakup fee of $4 million to $5 million.
The wild card in any scenario is Icahn. Although he's been battling Lions Gate management, claiming the company has been poorly run, he has also signaled that he'd be willing to consider a merger between Lions Gate and MGM, which many industry observers consider logical.
At the same time, Icahn recently has been accumulating debt in MGM, fueling speculation that he might make another run at MGM.
[Update, Oct. 12, 6:32 a.m.: Icahn announced Tuesday morning that he supports the merger proposal.]
In June, Lions Gate was in merger talks with MGM after previously making a bid to buy the hobbled studio for $1.4 billion. Lions Gate was told its offer was too low.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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MovieWes
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Peter Jackson Talks The Hobbit
Exclusive: Still waiting on green light
By Tom Ambrose
If you want to know what’s going on with The Hobbit, there’s only one person you can ask for the real state of play— Peter Jackson himself. So we did….
“We are nowhere different to any other reports or conversations,” Jackson told us last night. “We haven’t got a greenlight yet. We’re still waiting. Things still seem to be inching closer to some sort of happy place. I keep hearing that so many times now I’ve stopped tuning into it.”
This past week the internet has been swamped with speculation that The Hobbit is just moments away from being greenlit with Jackson replacing Guillermo del Toro at the helm, and shooting set to start in January with a 2012 release for part one and a 2013 release for part 2, both in 3D. Well, hold your Shadowfaxes. Not so fast.
“We’ve seen these reports before, reports saying there was going to be a greenlight in a couple of days — well, a week’s gone by and there isn’t one," adds Jackson. "You can’t believe everything you read. There is only one thing you want to believe and that’s when the studio announces a greenlight. As far as I’m aware that’s not going to be today. I keep hearing positive things. Everyone’s working very hard. There’s a lot of people at Warner Bros. who are working around the clock trying to manoeuvre through the MGM complexities. MGM is a company that is about to go bankrupt and in a way they are about to take The Hobbit into bankruptcy hell with them when they go down. Warners are trying to extract The Hobbit out of the bankruptcy hell before it happens. It is just so complicated I can’t even put my head into it. It’s all to do with American copyright laws, bankruptcy laws. A lot of Warner Bros. lawyers are working round the clock at the moment trying to make it happen so let’s see."
It would be entirely natural if all the delays, financial shenanigans and political machinations had diluted Jackson’s appetite for the project. Does he still have his passion for the Tolkienverse?
“Oh yeah, for sure. I’m certainly happy to be involved. At the moment, I’m a writer and a producer on it. We’ll see. Warner Bros. have been very, very good, very loyal and very supportive and I want to do what’s right for them first and foremost because I’ve got a responsibility to look after their investment. And it’s also something I am actually excited about so we’ll see what happens. I’ve learnt never to get that excited until something is greenlit because there is a moment when you commit emotionally to a project and you give everything, your heart and soul. At that point, once you’ve done that and it doesn’t happen, it’s the most horrible thing in the world outside of stuff do with your family. It’s the worst experience ever, to have a film fall over that you’ve committed 100% to. I always just protect myself and don’t fully commit until I know for sure that it’s happening. Then it gets my 100% commitment.”
There you go - while it may seem that we're no closer than before to seeing Bilbo Baggins in action, there's enough optimism in Jackson's words to make us think that The Hobbit could become a going concern in the near future. If you have fingers and toes, cross them now...
Exclusive: Still waiting on green light
By Tom Ambrose
If you want to know what’s going on with The Hobbit, there’s only one person you can ask for the real state of play— Peter Jackson himself. So we did….
“We are nowhere different to any other reports or conversations,” Jackson told us last night. “We haven’t got a greenlight yet. We’re still waiting. Things still seem to be inching closer to some sort of happy place. I keep hearing that so many times now I’ve stopped tuning into it.”
This past week the internet has been swamped with speculation that The Hobbit is just moments away from being greenlit with Jackson replacing Guillermo del Toro at the helm, and shooting set to start in January with a 2012 release for part one and a 2013 release for part 2, both in 3D. Well, hold your Shadowfaxes. Not so fast.
“We’ve seen these reports before, reports saying there was going to be a greenlight in a couple of days — well, a week’s gone by and there isn’t one," adds Jackson. "You can’t believe everything you read. There is only one thing you want to believe and that’s when the studio announces a greenlight. As far as I’m aware that’s not going to be today. I keep hearing positive things. Everyone’s working very hard. There’s a lot of people at Warner Bros. who are working around the clock trying to manoeuvre through the MGM complexities. MGM is a company that is about to go bankrupt and in a way they are about to take The Hobbit into bankruptcy hell with them when they go down. Warners are trying to extract The Hobbit out of the bankruptcy hell before it happens. It is just so complicated I can’t even put my head into it. It’s all to do with American copyright laws, bankruptcy laws. A lot of Warner Bros. lawyers are working round the clock at the moment trying to make it happen so let’s see."
It would be entirely natural if all the delays, financial shenanigans and political machinations had diluted Jackson’s appetite for the project. Does he still have his passion for the Tolkienverse?
“Oh yeah, for sure. I’m certainly happy to be involved. At the moment, I’m a writer and a producer on it. We’ll see. Warner Bros. have been very, very good, very loyal and very supportive and I want to do what’s right for them first and foremost because I’ve got a responsibility to look after their investment. And it’s also something I am actually excited about so we’ll see what happens. I’ve learnt never to get that excited until something is greenlit because there is a moment when you commit emotionally to a project and you give everything, your heart and soul. At that point, once you’ve done that and it doesn’t happen, it’s the most horrible thing in the world outside of stuff do with your family. It’s the worst experience ever, to have a film fall over that you’ve committed 100% to. I always just protect myself and don’t fully commit until I know for sure that it’s happening. Then it gets my 100% commitment.”
There you go - while it may seem that we're no closer than before to seeing Bilbo Baggins in action, there's enough optimism in Jackson's words to make us think that The Hobbit could become a going concern in the near future. If you have fingers and toes, cross them now...
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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MovieWes
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It's all FINALLY coming together, and we now have a release date for the first part!
Exclusive: Peter Jackson Close to Deal to Direct ‘The Hobbit’
By Sharon Waxman
Published: October 04, 2010 @ 1:08 pm
Peter Jackson is close to finalizing a deal to direct “The Hobbit” films as negotiations between MGM and Warner Bros. grind closer to a greenlight, TheWrap has learned.
Fans have been praying for Jackson to confirm that he would take over and direct the long-delayed series since Guillermo del Toro dropped out at the end of May.
Now his deal is all but complete, according to individuals close to the project. Both Jackson’s directing fee and percentage of the gross have been settled, though a number of lesser deal points remain outstanding.
Neither Warner's nor Jackson's agent Ken Kamins would comment for this story.
Jackson is already on board to write and produce "The Hobbit." But because of financial turmoil at MGM, which owns half of the franchise together with Warners' New Line Pictures, the J.R.R. Tolkien story has become one of the most torturous movie projects in Hollywood history.
Meanwhile, two reports over the weekend cited insider sources that a greenlight for the series would materialize in the next few days. While conceivable, those reports may as easily reflect wishful thinking on the part of the dozens of executives and lawyers on either side trying to reach agreement on terms, ownership and contingencies.
The reports also said the production would be shot in 3D.
Negotiations have been within reach of the goal line for many weeks but have dragged on due to the complexity of MGM’s situation and the large number of players involved, according to knowledgeable individuals.
“I wouldn’t stake my life that it will happen in the next two weeks,” said one weary person close to the situation.
The situation has not been helped by a recent union flap involving whether the production would use Screen Actors Guild members or not. In recent days the prime minister of New Zealand stepped in to help resolve the conflict.
At Warner's, executives are eager to get production under way, given that sets are already built in New Zealand and the cast is chafing on hold for a start date. About $30 million has already been spent on the project, the first part of which is scheduled to hit theaters Dec. 19, 2012.
But the studio is also wary to move ahead at the risk that an agreement with MGM may not hold up over time.
At MGM, the decision about greenlighting “The Hobbit,” a $400 million, back-to-back production of two films, hangs between CEO Stephen Cooper, owners-in-waiting Gary Barber and Roger Birnbaum of Spyglass Productions and the creditors committee at MGM.
Spyglass has signed a letter of intent to give the production company 4-5 percent ownership of MGM in exchange for taking over the company’s management. That deal would entail a prepackaged bankruptcy, under the supervision of the judge and with the accord of the studio’s debtors and investors.
But Warner's has no guarantees that this plan will hold up and be executed as planned.
Nonetheless, both studios are highly motivated to get to a deal and move the production forward as one of the most tangible assets either studio has to make a profitable reality.
MGM has the rights to international distribution of “The Hobbit,” while Warner's would be the domestic distributor.
Exclusive: Peter Jackson Close to Deal to Direct ‘The Hobbit’
By Sharon Waxman
Published: October 04, 2010 @ 1:08 pm
Peter Jackson is close to finalizing a deal to direct “The Hobbit” films as negotiations between MGM and Warner Bros. grind closer to a greenlight, TheWrap has learned.
Fans have been praying for Jackson to confirm that he would take over and direct the long-delayed series since Guillermo del Toro dropped out at the end of May.
Now his deal is all but complete, according to individuals close to the project. Both Jackson’s directing fee and percentage of the gross have been settled, though a number of lesser deal points remain outstanding.
Neither Warner's nor Jackson's agent Ken Kamins would comment for this story.
Jackson is already on board to write and produce "The Hobbit." But because of financial turmoil at MGM, which owns half of the franchise together with Warners' New Line Pictures, the J.R.R. Tolkien story has become one of the most torturous movie projects in Hollywood history.
Meanwhile, two reports over the weekend cited insider sources that a greenlight for the series would materialize in the next few days. While conceivable, those reports may as easily reflect wishful thinking on the part of the dozens of executives and lawyers on either side trying to reach agreement on terms, ownership and contingencies.
The reports also said the production would be shot in 3D.
Negotiations have been within reach of the goal line for many weeks but have dragged on due to the complexity of MGM’s situation and the large number of players involved, according to knowledgeable individuals.
“I wouldn’t stake my life that it will happen in the next two weeks,” said one weary person close to the situation.
The situation has not been helped by a recent union flap involving whether the production would use Screen Actors Guild members or not. In recent days the prime minister of New Zealand stepped in to help resolve the conflict.
At Warner's, executives are eager to get production under way, given that sets are already built in New Zealand and the cast is chafing on hold for a start date. About $30 million has already been spent on the project, the first part of which is scheduled to hit theaters Dec. 19, 2012.
But the studio is also wary to move ahead at the risk that an agreement with MGM may not hold up over time.
At MGM, the decision about greenlighting “The Hobbit,” a $400 million, back-to-back production of two films, hangs between CEO Stephen Cooper, owners-in-waiting Gary Barber and Roger Birnbaum of Spyglass Productions and the creditors committee at MGM.
Spyglass has signed a letter of intent to give the production company 4-5 percent ownership of MGM in exchange for taking over the company’s management. That deal would entail a prepackaged bankruptcy, under the supervision of the judge and with the accord of the studio’s debtors and investors.
But Warner's has no guarantees that this plan will hold up and be executed as planned.
Nonetheless, both studios are highly motivated to get to a deal and move the production forward as one of the most tangible assets either studio has to make a profitable reality.
MGM has the rights to international distribution of “The Hobbit,” while Warner's would be the domestic distributor.
"Young men make wars and the virtues of war are the virtues of young men: courage and hope for the future. Then old men make the peace, and the vices of peace are the vices of old men: mistrust and caution." -- Alec Guinness (Lawrence of Arabia)
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