Peter Jackson Will Produce Two Hobbit Films

[Chief]

http://img.photobucket.com/albums/v645/SeniorChieftain/hobbit.jpg

Jackson, who since 2005 had been using some of the industry's best legal hounds to chase after what he said were proceeds from the 2.9-billion success of the three Lord of the Ring films that New Line had hidden and/or mismanaged, showed that he has the knack of speaking press-release-ease:

I'm very pleased that we've been able to put our differences behind us, so that we may begin a new chapter with our old friends at New Line. 'The Lord of the Rings' is a legacy we proudly share with Bob and Michael, and together, we share that legacy with millions of loyal fans all over the world.

The result will be two films shot at the same time in 2009, one to emerge in 2010 as Hobbit and a sequel taking the story from there through the 60-year gap that extends ot the beginning of the Rings trilogy.

Jackson will be about $40 million to the good on the deal, Also partnered in on the deal, and not likely to let anyone in the media forget it, is MGM and its chief Harry Sloan, who in a classic 50-50 studio mixed-pot transaction will handle international distribution (through Fox) while New Line takes domestic.

;D

[Waterbuffalo]

hehe sounds like another "Winner!"

[Chief]

It's about time!! How many movies have there been in the past few years that tried to be knock-offs of LOTR?? The only person to make "The Hobbit" is Peter Jackson, and I'm glad to see that the squabbling is finally over.

Let's see who surfaces for the cast. If you're familiar with the story, then you know that the dwarves are the major characters, and it will be very interesting to see who gets hired to fill those roles....

[Waterbuffalo]

Going to bet there is going to be a cavalcade bum rush to get those rolls from Hollyweird. Hope not one of those actors get it. Want some fresh faces in those movies WHO DESERVE IT and help make another great set of movie scripts to come true.

[Chief]

A lot will depend on who writes the screenplay too.

[Waterbuffalo]

Good script, good actors, good director usually = good movie.. Lets hope that it turns out that way..