Tuesday, December 18, 2007

We hobbits are plain, quiet creatures. Adventures make one late for dinner.

Overdroid might not like this but for the rest of us this is great news!


Los Angeles, CA (Tuesday, December 18, 2007) Academy Award-winning filmmaker Peter Jackson; Harry Sloan, Chairman and CEO, Metro-Goldwyn-Mayer Studios Inc. (MGM); Bob Shaye and Michael Lynne, Co-Chairmen and Co-CEOs of New Line Cinema have jointly announced today that they have entered into the following series of agreements:

* MGM and New Line will co-finance and co-distribute two films, “The Hobbit” and a sequel to “The Hobbit.” New Line will distribute in North America and MGM will distribute internationally.

* Peter Jackson and Fran Walsh will serve as Executive Producers of two films based on “The Hobbit.” New Line will manage the production of the films, which will be shot simultaneously.

* Peter Jackson and New Line have settled all litigation relating to the “Lord of the Rings” (LOTR) Trilogy.

Said Peter Jackson, “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. We are delighted to continue our journey through Middle Earth. I also want to thank Harry Sloan and our new friends at MGM for helping us find the common ground necessary to continue that journey.”


Swinebread said...

Yeah but all their fighting has delayed that whole project by years.

Dean Wormer said...

I guess you're right but right now they're talking 2009. I like that we have geek movies to look forward to. :-)

I'm also just happy they worked it out because I could see both the studio - which took an enormous gamble on the LOTR films - and Jackson's point.

Swinebread said...

Plus if jackson works on it, it will have the same visual continuity

Dean Wormer said...

Yeah, that is a huge deal. It's up in the air weather he'll direct but he will probably produce and will surely right. I'm sure WETA will do effects as well.


Swinebread said...

If he directs it will come out later... if he produces then we'd get it sooner.

WETA, the best thing to come out of the whole LOTR project.