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MGM's Hobbit a Maybe?

Published September 11, 2006 in Movie Rumors
By Ryan Parsons | Image property of respective holders.
The Hobbit The Hobbit
A recent report from Variety announced some of the highly-anticipated, tentpole, projects from MGM including The Hobbit (wha!). Though fans of the Lord of the Rings films have been waiting some time for such news, it would seem that Peter Jackson is out of the loop.

MGM Just Hoping? No Hobbit?

Here is the report from Variety on MGM's upcoming tentpole projects in the works:

Over the next few years, MGM is planning to release half a dozen films, some in the $150 million to $200 million-plus range. Studio is ready to unveil such high-profile projects as "Terminator 4"; one or two installments of "The Hobbit," which Sloan hopes will be directed by Peter Jackson; and a sequel to "The Thomas Crown Affair" with Pierce Brosnan.

It has already announced a "Pink Panther" sequel and the next 007 pic "Bond 22," due out in November 2008. "Rocky Balboa" unspools in February.

The pics are all franchises that MGM owns the rights to through its 4,000-title library. The goal is to release two or three tentpoles a year, all of which will be made with financial partners, including Wall Street money or other studios.

Moviegoers should only trust one guy to deliver The Hobbit -- Peter Jackson. It just so happens that Peter Jackson is not currently on any Hobbit project if the film were to move forward.

The good people over at AICN have recently caught up with Peter Jackson and the director claims that he has (so far) not been approached for the film.

As luck would have it, I interviewed Peter Jackson this afternoon. We talked about everything he's involved in and in the next week you'll see the interview go up in pieces, including one about THE HOBBIT. But he did say that he woke up this morning to see that MGM says he's making THE HOBBIT with them, which was strange. He said that as unbelievable as it may be, he's never once talked to any studio, be it New Line or MGM, about doing THE HOBBIT. So, as of today Jackson has not talked to anybody about doing the movie, but he did say he'd like to do it, even though his schedule gets more crowded every passing week. So, if MGM wants to do this thing it might be a good idea to see if Jackson is up for it, no?

I wouldn't say that Peter Jackson is that busy as of yet and if The Hobbit had some real foundation -- a good script maybe? -- many would hope that the project would wait for him. Just as long as he doesn't turn the book into a five-hour film of course.

Stay tuned for updates.

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Ryan Parsons
Sources: Image property of respective holders.

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