The Hobbit Movie
NEW YORK (AP) – Peter Jackson and New Line Cinema have reached agreement to make J.R.R. Tolkien’s “The Hobbit,” a planned prequel to the blockbuster trilogy “The Lord of the Rings.”
Jackson, who directed “Rings,” will serve as executive producer for “The Hobbit.” A director for the prequel films has yet to be named.
Relations between Jackson and New Line had soured after “Rings,” despite a collective worldwide box office gross of nearly $3 billion – an enormous success. The two sides nevertheless were able to reconcile, with Metro-Goldwyn-Mayer Studios (MGM) splitting “The Hobbit” 50/50, spokesmen for both studios said Tuesday.
“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,” Jackson said in a statement. “We are delighted to continue our journey through Middle Earth.”
Two “Hobbit” films are scheduled to be shot simultaneously, similar to how the three “Lord of the Rings” films were made. Production is set to begin in 2009 with a released planned for 2010, with the sequel scheduled for a 2011 release.
Full Story here.
I am a big fan of the Lord of the Rings trilogy! I have never actually read the books, but I sure did enjoy the movie.
Many, many years ago, a teenaged girl lent me a book called “The Hobbit”. It was her favorite book. Unfortunately I returned the book to her unread after keeping it for several weeks.
Doug has the book as well as the complete Lord of the Rings set. I don’t know if I will ever read any of these books! 
I am not much of a reader these days, and what with the movie version of The Hobbit coming, I will not find the incentive to read the book at all! 
I am soooo looking forward to The Hobbit! I can’t believe that the filming will only start in 2009. Why do I have to wait so long for it? 
Themocracy
Good things takes time…with Peter Jackson on board, i am sure it will be on par with the 3 movies…:)
Puteri reply on December 18th, 2007:
Ya, but why so long!! Movie will only be out in 2010 and 2011. Sounds like too far in the future! Haha.