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To: mamalujo
Rumor has it that The Hobbit is going to be made, by PJ. Anyone know anything about this?

I heard his next project was a re-make of King Kong. The Hobbit may follow that.

60 posted on 07/20/2004 1:13:53 PM PDT by Recovering Hermit
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To: Recovering Hermit

Peter Jackson is making a King Kong film right now, but there was this bit of news a few days ago:

Inside Move: 'Hobbit' could end up nestling with 'Rings'

(from Variety - Yahoo)

With Sony apparently unable to construct a final offer for MGM, it's looking increasingly likely that Time Warner will swoop in and grab the prize.
 
Bagging the Lion would give Time Warner a nice little bonus -- worldwide theatrical and television rights to J.R.R. Tolkien's "The Hobbit." What a sweet addition to New Line's "The Lord of the Rings" franchise. Hey Peter Jackson, what are your plans after "King Kong"?

The conglom's deal is cleaner -- one buyer offering Time Warner stock -- and more tax-efficient. It would be chairman-CEO Richard Parsons' first major acquisition after a string of asset sales to cut debt.

Sony chairman Nobuyuki Idei, speaking at an event in Korea Thursday, acknowledged "some complications" in the Japanese giant's merger talks with MGM. Reuters quoted Idei as saying, "It's up to the MGM management now."

The statements, which one insider ascribed to a "lost in translation" effect, caused a mild tizzy at both companies, which are still talking -- particularly since the holdup isn't on the MGM side at all, but still resides at Sony. The conglom and its two equity partners, Texas Pacific and Providence Equity, are struggling to get onto the same page. Since Sony isn't the one putting up the cash, it can't control the process.



67 posted on 07/20/2004 1:18:30 PM PDT by StoneColdGOP (Nothing is Bush's fault... Nothing is Bush's fault... Nothing is Bush's fault...)
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