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CNN: Peter Jackson in negotiations to DIRECT The Hobbit!!!


'Skins_&_'Stons

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This is the best news I have heard since Dan fired Vinny. :D

-S&S

http://www.cnn.com/2010/SHOWBIZ/Movies/06/25/peter.jackson.hobbit.ew/

(EW.com) -- Almost one month after Guillermo del Toro dropped out of directing "The Hobbit," "Lord of the Rings" director Peter Jackson is in talks to helm the two films in the franchise. While we wait for the studios involved or Jackson's manager to confirm, there are lots of questions that remain before "The Hobbit" can actually begin production, let alone reach the big screen.

First, MGM, the debt-laden studio that owns 50 percent of the rights to the classic tale, is facing an uncertain future. The studio failed to attract bids high enough to satisfy its creditors during an auction earlier this year, and the latest plan may see Spyglass Entertainment running the studio in a prepackaged bankruptcy, according to the Wall Street Journal.

Talks are continuing and no decision has yet been made, though some resolution is needed before the studio's debt waiver expires in mid-July. Some Hollywood insiders question whether production could actually proceed if there's a chance that those rights could wind up in bankruptcy court along with the rest of MGM's assets (it's the same reason why the "Bond" franchise is tied up since MGM owns half of those rights, too), but sources close to the "Hobbit" project insist that MGM's financial woes aren't a factor in this production.

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I would have rather seen Guillermo del Toro to be honest....

It's such a shame Guillermo del Toro had to step away from the project due to the delays, at least he's staying on to help finish the scripts. Guillermo has an amazing mind/imagination for creating fantasy worlds (look at Pan's Labyrinth...), and could have made the world 'pop' more than PJ's Hobbit, though being involved in the script writing should still help. Don't get me wrong...I give Jackson all the credit in the world for what he did LOTR...just prefer del Toro's style.

Anyways, they can claim all day long that MGM's financial issues wont impact the making of The Hobbit, but they already have and will continue to until they get it taken care of. I'd be shocked if you see these movies before 2013.

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I would have rather seen Guillermo del Toro to be honest....

It's such a shame Guillermo del Toro had to step away from the project due to the delays, at least he's staying on to help finish the scripts. Guillermo has an amazing mind/imagination for creating fantasy worlds (look at Pan's Labyrinth...), and could have made the world 'pop' more than PJ's Hobbit, though being involved in the script writing should still help. Don't get me wrong...I give Jackson all the credit in the world for what he did LOTR...just prefer del Toro's style.

Anyways, they can claim all day long that MGM's financial issues wont impact the making of The Hobbit, but they already have and will continue to until they get it taken care of. I'd be shocked if you see these movies before 2013.

I think they've mentioned that the character designs are all done (or something like that), so I'm sure the movie will have a lot of Del Toro influence.

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I would have rather seen Guillermo del Toro to be honest....

It's such a shame Guillermo del Toro had to step away from the project due to the delays, at least he's staying on to help finish the scripts. Guillermo has an amazing mind/imagination for creating fantasy worlds (look at Pan's Labyrinth...), and could have made the world 'pop' more than PJ's Hobbit, though being involved in the script writing should still help.

Im right there with you on this. I actually feel he is a better Director then PJ. Im sure if Jackson takes over that will give MGMs Creditors and the possible Lionsgate purchase of MGM a lot more confidence to throw money at this.*If Possible*

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