Jackson Signs Deal to Do The Hobbit

Geeking out over here, but after much legal saber-rattling and general fooling around, New Line and MGM have signed a deal with director Peter Jackson to do two (!) new movies based on J.R.R. Tolkien’s classic book The Hobbit.

New Line Cinema, a division of Time Warner Inc. said Tuesday that it has signed on Peter Jackson, director of the award-winning “Lord Of The Rings” film series, to direct two films based on “The Hobbit,” a prequel to the “Rings” trilogy. Metro-Goldwyn-Mayer, partially owned by Sony Corp. will co-produce the films. The agreement comes after a dispute between Jackson and New Line over the director’s cut of the profits from “Rings,” which grossed a collective $2.9 billion and won 17 Academy Awards.

Ooooh!

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Comments

  1. worth says:

    Wish he’d do the lesser-known yet related work, The Silmarillion, instead since we all know The Hobbit story already and I don’t feel like taking the time to actually read the copy of Silmarillion that I bought a few years back.

  2. Deepak says:

    I this this calls for a loud w00t!!!

  3. Don’t read Silmarillion. It felt like a bad encyclopedia entry with extra adjectives.

  4. Brian Dear says:

    Finally, Jackson has come to his senses. B-but… two films? Fine, I won’t complain.
    I still haven’t seen King Kong. Maybe I’ll see it once I’ve seen The Hobbit.

  5. Brian Dear says:

    Oh wait. The news says he’s lined up to PRODUCE but not DIRECT.
    That’s disappointing.

  6. The news I had was that he was directing. See the above clip from the wire, where it clearly says he is directing.

  7. Hobbit Fan says:

    Does anyone know about the structure of these films? I mean, will it be two movies based on one book “The Hobbit” or does someone is going to write a script?