A tiny bit of Peter Jackson/Hobbit news

[BryonD]

http://apnews.myway.com/article/20040306/D814VP480.html

Not much new really. Just a small update and confirmation of interest.

 

[Ranger REG]

Old news. I'm afraid that due to the success of LOTR, MGM/UA will want to be the sole producer and distributor of the Hobbit film, and will seek to hire Peter Jackson personally, leaving New Line Cinema out.

 

[mojo1701]

http://apnews.myway.com/article/20040306/D814VP480.html

Not much new really. Just a small update and confirmation of interest.

Oh, great. We won't have anything until all that legal mumbo-jumbo is settled first...

At least it's something.

 

[Ranger REG]

Well, that's the price of success. MGM/UA still holds the film rights to LOTR and Hobbit.

 

[Kai Lord]

Old news. I'm afraid that due to the success of LOTR, MGM/UA will want to be the sole producer and distributor of the Hobbit film, and will seek to hire Peter Jackson personally, leaving New Line Cinema out.

I'm sure they'd also like to make X-Men 3 with Bryan Singer leaving 20th Century Fox and Marvel out. In other words, so what. Its not their decision to make unless New Line agrees, which means no money for MGM, because NL sure as hell won't hand over the story. Obviously they'll reach a compromise, possibly with one studio taking all the domestic profits while the other takes overseas.

 

[Ranger REG]

I thought MGM/UA handles all distribution of LOTR films, both domestic and overseas.

 

[Kai Lord]

I thought MGM/UA handles all distribution of LOTR films, both domestic and overseas.

MGM doesn't own any rights to LOTR, just The Hobbit. New Line purchased the rights from whatever company produced the Ralph Bakshi LOTR cartoon, but The Hobbit is partially owned by MGM.