Reuters North American News Service, December 19th, 2007
LOS ANGELES (Reuters) - The makers of the smash hit
"Lord of the Rings" films said Tuesday they settled a legal
dispute and agreed to make two movies based on J.R.R. Tolkien's
"The Hobbit," but most likely without Peter Jackson directing.
Oscar winner Jackson, however, has signed on as executive
producer along with his wife and producing partner, Fran Walsh,
who also was instrumental in making the three "Lord of the Rings"
films that earned $3 billion at global box offices.
In recent months, loyal "Rings" and Tolkien fans loudly
proclaimed on Internet sites that they would not support a Hobbit
movie without Jackson's involvement, and Tuesday's announcement
brought them some welcome relief.
"Fist in the Air! YEEEEESSSSS!!! ... "TRUST PETER!!! THE
MASTER, THE COMMANDER, THE WIZARD!," one person posted at fan
site, theonering.net.
New Line co-chairman Bob Shaye said no decision has been made
about who will direct the Hobbit movies, but Jackson, Walsh and
the studios share approval on major creative elements and will
start considering writers and directors in January.
MGM Chairman Harry Sloan, who was credited by all parties for
bringing about the deal, said Jackson found it "impossible" to
direct the films and meet proposed release dates in 2010 and 2011
due to other projects in the works.
"He can't get it scheduled and he doesn't want the fans to
have to wait for the next two movies," Sloan said. He said the
studios might postpone the films if Jackson changed his mind.
Ken Kamins, manager for Jackson and Walsh, said it was "highly
unlikely" Jackson would write or direct, but he would insure their
quality by keeping creative control.
Kamins pointed out that George Lucas had ceded director's
duties to others for "The Empire Strikes Back" and "Return of the
Jedi" without damaging the "Star Wars" franchise.
Jackson was unavailable for comment.
JACKSON'S VISION
Fantasy novel "The Hobbit" tells of a world inhabited by
wizards, dwarves, elves and little people called hobbits,
including the central character, Bilbo Baggins. "The Hobbit"
preceded Tolkien's "Lord of the Rings" trilogy.
The Ring films were released from 2001 through 2003.
Jackson and Walsh envision the first film covering the events
of "The Hobbit" and the second bridging the 80-year gap between
that novel and the first book of the trilogy.
Much of the plot for the second film would be gleaned from
footnotes in "The Hobbit" that address that gap, Kamins said.
It was that vision that led MGM, which holds film rights to
the book, to insist Jackson and Walsh make the movies.
"Once (they) played out their vision for 'The Hobbit' as two
movies ... MGM just took the position that we wanted to deal with
Peter and it was not an option to do it with anybody else," Sloan
said.
He added the studios "would welcome as much of the original
('Rings') cast as possible," adding that "some of them have even
said they are interested."
For years, the making of a Hobbit movie had been delayed while
Jackson and New Line wrangled over profits from the "Rings" films.
The director had sued New Line claiming it owed him money. Jackson
and New Line have now settled that suit.
MGM and New Line, a unit of Time Warner Inc, will
co-finance the films, with New Line distributing in the United
States and MGM internationally. MGM is a closely held company
owned by private equity firms and media divisions of Sony Corp
and Comcast Corp.
(Additional reporting by Bob Tourtellotte)
(Editing by Richard Chang, Phil Berlowitz)
