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Hobbit Movie in Four Years?

Posted by CowboyNeal on from the there-and-back-again dept.

Antarctic Lemur writes "At the Powerhouse Museum LOTR Exhibition in Sydney, Peter Jackson has said a film version of The Hobbit is three years away at least. Reasons for the delay include the sale of MGM, which part-owns the movie rights to The Hobbit, and Jackson's recently filed suit against New Line Cinema, the other part-owner. Jackson is currently filming King Kong at his new facility in Wellington, NZ. Slashdot readers will also be interested in the high security planned for King Kong's pre-release screenings."

3 of 251 comments (clear)

  1. since this: by LordKronos · · Score: 5, Informative

    Apparently, he's suing them over profits
    http://www.cnn.com/2005/SHOWBIZ/Movies/03/02/film. rings.reut/index.html

    1. Re:since this: by Ubergrendle · · Score: 4, Informative

      This is actually fairly common in the movie industry. Its their way of getting outside negotiators involved. Messy, complicated, yes -- but not necessarily anything that would prevent them from working together again in the future.

      Big money = big arguments. No matter how solid your contract is in the first place.

      --
      John Maynard Keynes: "When the facts change, I change my mind. What do you do?"
  2. Re:Suit? by EvanED · · Score: 4, Informative

    Movie studios have a habit of buying useless stuff from themselves to increase the cost of a movie, thus decreasing the profit and the royalties they have to pay out without actually decreasing their income.

    Spiderman's Stan Lee had to sue whatever studio did Spiderman after they said that movie made no profit (IIRC), I think Jackson is having to do the same thing.