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Double Hobbit movies to be made by PJ

18/12/2007. Contributed by Jessica Martin

Buy The Hobbit in the USA - or Buy The Hobbit in the UK

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Peter Jackson, MGM and New Line Cinema told the Nest that they are now to produce two films, The Hobbit and a sequel to The Hobbit (doh). New Line will distribute in North America and MGM will distribute internationally. Jackson and New Line told SFcrowsnest that they have settled their legal battle over the money from the Lord of the Rings movie trilogy.

Peter Jackson told SFcrowsnest.com, “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.”

Bob Shaye, New Line's chairman, told us, “We are very pleased we have been able to resolve our differences, and that Peter and Fran will be actively and creatively involved with ‘The Hobbit’ movies. We know they will bring the same passion, care and talent to these films that they so ably accomplished with ‘The Lord of the Rings’ Trilogy.”

“Peter Jackson has proven himself as the filmmaker who can bring the extraordinary imagination of Tolkien to life and we full heartedly agree with the fans worldwide who know he should be making ‘The Hobbit,’” said Sloan, MGM’s CEO. “Now that we are all in agreement on ‘The Hobbit,’ we can focus on assembling the production team that will capture this phenomenal tale on film.”

“Peter is a visionary filmmaker, and he broke new ground with ‘The Lord of the Rings,’” added Michael Lynne over at New Line. “We’re delighted he’s back for ‘The Hobbit’ films and that the Tolkien saga will continue with his imprint. We greatly appreciate the efforts of Harry Sloan, who has been instrumental in helping us reach our new accord.”

The two Hobbit films – The Hobbit and its sequel – are scheduled to be shot simultaneously, with pre-production beginning as soon as possible. Principal photography is tentatively set for a 2009 start, with the intention of The Hobbit release slated for 2010 and its sequel the following year, in 2011. 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.

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