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New Hope for Jackson Hobbit Film?
DrJimbo writes "Just in time for the 70th Anniversary of the Hobbit (published September 21, 1937) Entertainment Weekly has a 5-page article on a possible reconciliation between Peter Jackson and New Line Cinema that may pave the way for the director of the Lord of the Rings trilogy to return and helm the filming of The Hobbit. It was previously reported here that Jackson would not be making the Hobbit film. The EW article says that Jackson wants to make two films: first the Hobbit in its entirety and then another film that bridges the roughly 60 years between the end of the Hobbit and the start of the Lord of the Rings. Unfortunately Jackson already has a lot on his plate with filming of The Lovely Bones scheduled to start this month and a live action Tintin film in the works."
Overall good point, but:
Jackson & crew actually went way over budget, and the total was closer to $500 million plus, with all the extra effects shots they had to do in the latter movies because of lack of planning in principle photography (which, understandably focused more on the first two films, which is why there's less special effects in the first films than the last one), and the need to do pick-ups, etc.
In addition, they renegotiated contracts with pay rises for members of the crew after the crew discovered that they were really onto something, and New Line wasn't spreading the wealth.
As with so many people in these near-xenophobic times, you appear to be making the incorrect assumption that the Constitution only applies to US Citizens. When the constitution means "United States" things, it explicitly says so. Section 8's enumerated power of copyright applies to all writings of authors everywhere in the world.