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"Hobbit" Delayed Until Late 2012 Looks like the film is being delayed yet again, studio said 2012 then Peter Jackson came out and said that those rumblings weren't true, that it would get the 2011 release date as planned. But here is the news from the studio and we are now back till 2012 Once the script for the second film is in -- Jackson and his longtime collaborators Fran Walsh and Philippa Boyens are working on it with Del Toro -- New Line will work up a budget for both films and start casting. New Line exec Michael Disco, who was once Emmerich's assistant, will oversee for the studio. Horn won't predict when the first of the two "Hobbit" films will be out, but says the most probable scenario would be a release in the fourth quarter of 2012. Related News- Del Toro Updates Hobbit Info Please Leave A Comment- Source- Variety

Del Toro Updates Hobbit Info The highly decorated director writes: So, now that PJ’s Lovely Bones tour is almost over, I thought it wise- seeing how some can whip up into a frenzy- to drop by and chat a bit. A) About ONLY 3 actors returning: I think the emphasis on “only” is what slant the news the wrong way. I cannot imagine Gollum being played by anyone but Andy and in the second script there is still much in discussion to lock everything for now. Both PJ and I chime in on things “as they are at the moment” and, of course, things change. I, for one, understand where Peter’s coming from since 30% of my STRAIN tour questions, HELLBOY II, ORPHANAGE promotion questions, etc, etc where about the Hobbit. At different time we have been closer in locking on a piece of casting or hoping to get a script delivered, etc and things simply changed as we went along. So, don’t etch this in stone or anything we both have said in the past, in stone since we communicate what we can when the window of e...

The Hobbit Movie Gets Delayed Several reports are coming in that filming for The Hobbit will be delayed from the original estimate of March 2010 to mid-summer 2010, possibly July. The German site, moviereporter.net, reports that, as part of an interview regarding The Lovely Bones, PJ estimates filming will begin towards the middle of next year: “We’re currently working on the second script which we hope to have completed by the end of this year or beginning of next. When the scripts are completed, we can begin with the exact calculation of the necessary budget. We hope to start filming in the middle of next year. However, we’ve received no green light from the studio yet.” (- translated from German – read the original quote here). PJ didn’t elaborate on whether this will affect the proposed release dates of December 2011 and 2012. More than two years elapsed between the start of filming for The Lord of the Rings movies in October, 1999, and the release of The Lord of the Rings: T...

Sir Ian McKellen Talks About X-Men and The Hobbit First up: The Hobbit . It’s been known for some while now that Sir Ian would be reprising his role as Gandalf (the Grey variety this time) for Guillermo del Toro’s Lord of the Rings prequel. But he had a few additional titbits to spill this time around. “The scripts for the two films will be delivered very soon,” he revealed. “Then they'll be budgeted, and then they'll be cast. And they'll be going when they've always said they would be, which is next spring – March or April. Guillermo even told me at one point, 'We're going to film for 383 days. There’s been fervent speculation about the possible return of other Rings cast members, with the likes of Legolas and Aragorn in the frame for cameos, but Sir Ian isn’t convinced. Of course, we fully expect Hugo Weaving to pop up as Elrond, but that announcement will doubtless come in due course. In the meantime, we couldn’t let Sir Ian – who was at San Sebastian to pic...

Hobbit Movie Moving Forward Another hurdle to Guillermo del Toro's The Hobbit has fallen: MGM, one of the studios producing the movies, has reportedly come up with enough cash to move forward with the production, which was in jeopardy as late as last week. According to The Hollywood Reporter: A recent proposal by MGM's new CEO Steve Cooper to defer interest payments on its debt load for the next three months on Thursday won a crucial endorsement from J.P. Morgan. The investment firm leads a lenders steering committee that has been agitating for a dramatic restructuring of the Lion's operations and its ownership structure. In exchange for an agreement to limited interest forbearance, J.P. Morgan secured a few changes in existing debt terms. Concern over MGM's hold on Hobbit is at the heart of the activity. In a 50-50 rights partnership with Warner Bros.' New Line unit, two Hobbit pics are being developed. The first Hobbit movie is eyeing a 2011 release date. Ot...

Here comes " The Hobbit " Lord Of The Rings Lawsuit Settled The Tolkien Trust , New Line and HarperCollins have settled a suit by the trust over the gross profit participation of JRR Tolkien's heirs from “ The Lord of the Rings " trilogy. Terms of the settlement, announced Tuesday, were confidential. The case had been set to go to trial on Oct. 19 in Los Angeles Superior Court. The trust said Tuesday that the settlement will allow New Line's two films based on Tolkien's " The Hobbit " to go forward. Shooting is expected to start on the pics next year with Guillermo Del Toro directing. The Tolkien Trust and HarperCollins filed the suit in February 2008, alleging New Line had failed to pay at least $220 million to members of the trust. The plaintiffs had asserted that under a 1969 contract, the trust and other plaintiffs are entitled to 7.5% of gross receipts from the films and related products, minus certain costs. The plaintiff has also sought a de...