Word: hobbits
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...Line's tough last couple of years at the box office has also magnified the studio's need for a sure hit like The Hobbit. Shaye and Lynne's latest attempt to recreate the box office magic of Rings, the fantasy adaptation The Golden Compass, underperformed, with $25 million at the box office its opening weekend...
Bilbo Baggins is finally progressing on his most fraught journey - landing a leading role on the big screen. After three years of legal wrangling and public sniping, director Peter Jackson and New Line Cinema have reached an agreement to make J.R.R. Tolkien's The Hobbit, the prequel to the Lord of the Rings blockbuster trilogy that made nearly $3 billion at the box office and earned 17 Oscars. The Hobbit is Tolkien's most accessible and popular book, a fairy tale about the reluctant adventurer Baggins, who embarks on a trip with 13 dwarves and the wizard Gandalf...
Jackson, who directed the Rings trilogy and inherited creative stewardship of Tolkien's massive fan base, will serve as executive producer for The Hobbit with his wife, Fran Walsh. A director and screenwriter will be chosen in the New Year, when Jackson and Walsh meet with the studio heads. MGM, which owns the distribution rights to The Hobbit, will co-finance and co-distribute...
Last November, when Shaye told Jackson he was looking for other directors for The Hobbit, Jackson posted on the fan site The OneRing.Net, "[We were told] that New Line would no longer be requiring our services on The Hobbit. This was a courtesy call to let us know that the studio was now actively looking to hire another filmmaker." In December Harry Sloan, chairman and CEO of MGM, invited Jackson and Walsh over for dinner and heard Jackson's vision for The Hobbit. Yet Shaye was still bitter, telling the Sci Fi Wire website in January, "I don't care...
...total atheist who lives a happy and useful life, and dies in his sleep at the age of 106." New Line, having invested something like $180 million in The Golden Compass, is similarly scared of its antireligious content. The company that boldly greenlighted Peter Jackson's $300 million Hobbit ambitions before a frame of the first movie was shot, and made billions from riding that risk, hasn't said yes to films two and three of the Pullman books - although the first movie ends with a chatty preview of the plot in the sequels, should they ever be made...