News for Mar. 11, 2006
writes: As you know, The Hobbit movie rights are split between New Line, which has the rights to produce the movie, and MGM, which has the rights to distribute it. Even though EVERYONE wants to see this movie made, the two studios have to come to agreement before that can start. There's an article in The Wall Street Journal on Thursday, March 9, that offers a glimmer of hope that the path to agreement might be unfolding. MGM, after an 18-month hiatus since it's acquisition by a group of investors including Sony and Comcast, looks like it might be re-entering the movie distribution business and is looking for partners to produce movies. Let the Hobbit Happen!