more news: (they are going to milk this...2 Hobbit films)
(from aintitcool.com)
ACADEMY AWARD-WINNER PETER JACKSON AND NEW LINE CINEMA JOIN WITH MGM TO PRODUCE “THE HOBBIT,” EAGERLY-ANTICIPATED FANTASY ADVENTURE EPIC
NEW LINE AND MGM TO CO-PRODUCE AND SHARE WORLDWIDE DISTRIBUTION RIGHTS
PETER JACKSON AND FRAN WALSH TO EXECUTIVE PRODUCE TWO FILMS BASED ON “THE HOBBIT”
Los Angeles, CA (Tuesday, December 18, 2007) Academy Award-winning filmmaker Peter Jackson; Harry Sloan, Chairman and CEO, Metro-Goldwyn-Mayer Studios Inc. (MGM); Bob Shaye and Michael Lynne, Co-Chairmen and Co-CEOs of New Line Cinema have jointly announced today that they have entered into the following series of agreements:
* MGM and New Line will co-finance and co-distribute two films, “The Hobbit” and a sequel to “The Hobbit.” New Line will distribute in North America and MGM will distribute internationally.
* Peter 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.
* Peter Jackson and New Line have settled all litigation relating to the “Lord of the Rings” (LOTR) Trilogy.
Said Peter Jackson, “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.”
“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 Chairman and 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.”
Bob Shaye, New Line Co-Chairman and Co-CEO comments, “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 is a visionary filmmaker, and he broke new ground with ‘The Lord of the Rings,’” notes Michael Lynne, New Line Co-Chairman and Co-CEO. “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.
The Oscar-winning, critically-acclaimed LOTR Trilogy grossed nearly $3 billion worldwide at the box-office. In 2003, “Return of the King” swept the Academy Awards, winning all of the eleven categories in which it was nominated, including Best Picture – the first ever Best Picture win for a fantasy film. The Trilogy’s production was also unprecedented at the time.
For more information about “The Hobbit” films, please visit www.TheHobbitBlog.com.
About New Line Cinema Corporation:
Celebrating its 40th anniversary year, New Line Cinema is the most successful independent film company in the world. Its mission is to produce innovative, popular and profitable entertainment in the best creative environment. In addition to the production, marketing and distribution of theatrical motion pictures, the fully-integrated studio has divisions devoted to home entertainment, television, music, theater, merchandising and an international unit. In 2005, New Line partnered with HBO to form Picturehouse, a new theatrical distribution company to release independent films. A pioneer in franchise filmmaking, New Line’s Oscar-winning The Lord of the Rings trilogy is one of the most successful film franchises in history. New Line is a division of Time Warner, Inc. (TWX).
About Metro-Goldwyn-Mayer Inc.:
Metro-Goldwyn-Mayer Inc., through its operating subsidiaries, is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music and licensed merchandise. The company owns the world’s largest library of modern films, comprising around 4,100 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., Ventanazul, MGM Television Entertainment Inc., MGM Networks Inc., MGM Domestic Networks LLC, MGM Distribution Co, MGM International Television Distribution In, Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Worldwide Digital Media, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in international TV channels reaching nearly 120 countries. MGM ownership is as follows: Providence Equity Partners (29%), TPG (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). For more information, visit www.mgm.com.
About Peter Jackson/Wingnut Films:
Peter Jackson is one of the world’s most successful filmmakers. His monumental achievement co-writing, co-producing and directing The Lord of the Rings trilogy (with fellow Academy Award winners and frequent collaborators Fran Walsh and Philippa Boyens) earned a total of 30 Academy Award nominations and 17 Academy Awards. Jackson and Walsh received their first Oscar nomination for Best Original Screenplay for their acclaimed film Heavenly Creatures. Jackson, through his New Zealand-based Wingnut Films banner, also was responsible for the globally successful 2005 remake of King Kong which earned over $500 million worldwide and 3 Academy Awards. Currently, Jackson is directing an adaptation of The Lovely Bones, from the acclaimed best-selling novel by Alice Sebold. He is also developing a trilogy of films with Steven Spielberg based on Tintin, the world renowned comic book series by Herge.
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Dec 18th, 2007 01:45 PM #16_______________
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Dec 18th, 2007 03:32 PM #17
Does 2 hobbit films mean we get a cliffhanger at the end of the first film? Glad to see Jackson is still on board.
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Dec 19th, 2007 12:02 PM #18
From what I remember the Hobbit was a better novel than the LOTR (well the Fellowship was good IMO) ... it was the right length and had just the right amount of character building and also because it focused more on Bilbo than anything else, it was good... LOTR trilogy had a lot of characters and I never got the the same interest level that I did when I read the Hobbit... can't wait to see PJ's vision of Smaug!
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Dec 19th, 2007 12:31 PM #19
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Dec 19th, 2007 12:48 PM #20
I never did like Bilbo much myself, I had more interest in Aragorn, he has such a mysterious pass that was never fully explored in the LOTR films. I wonder if they'll re-sign Ian Holm to do the two movies..
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Dec 19th, 2007 03:41 PM #21
I predicted right when LOTR was scheduled to be in production, the movies that is, that they were going to come out with The Hobbit shortly after. I knew they were going to pull a Star Wars move, and make the prelude AFTER the LOTR trilogy.
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Dec 19th, 2007 08:03 PM #22Are you kidding me? I liked The Hobbit more than Rings b/c it was a shorter novel to read!I never did like Bilbo much myself, I had more interest in Aragorn, he has such a mysterious pass that was never fully explored in the LOTR films. I wonder if they'll re-sign Ian Holm to do the two movies..
Anyways, who do I have to kill to get P.J. to direct The Hobbit?
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Dec 19th, 2007 08:07 PM #23
it comes out as 2 parts (one in 2010 and the other in 2011-ish) to sharten up thelefteyeguy' s post
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Dec 19th, 2007 08:17 PM #24
I haven't read the book, I heard it was supposed to be good. I might have to pick it up in time to catch the movie.
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Dec 19th, 2007 11:34 PM #25
I wonder who will play the young Bilbo...
Nonetheless, more LOTR films = good
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Dec 20th, 2007 10:07 PM #26
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Jan 14th, 2008 12:48 AM #27
Elijah Wood Confirms Dual Hobbit Movie Details
http://www.firstshowing.net/2008/01/...movie-details/
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Jan 14th, 2008 03:19 PM #29
So will the "sequel" be new stuff or something entirely different? OR will there be the book just chopped in 2? Whats the story of it?
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