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Posted On: December 18th 2007
Posted By: Bryan Kremkau
Source: Hollywood Reporter |
Hollywood Reporter: NEW YORK -- The eagerly awaited prequels to the "Lord of the Rings" trilogy will finally hit the big screen.
MGM and New Line have pacted to co-finance and co-distribute "The Hobbit" and a sequel to the film. New Line will handle distribution in North America, and MGM will distribute the J.R.R. Tolkien adaptations internationally.
Putting aside what once seemed like irreconcilable differences over the filmmaker's profit participation, "Rings" writer-director Peter Jackson and New Line have settled all litigation over the nearly $3 billion-grossing "Rings" trilogy. Jackson and Fran Walsh will executive produce the films, to be shot simultaneously, and New Line will manage their production.
Read the full article here. |
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