Variety has just published more rumors for The Hobbit. The article requires registration but here are the juicy parts:
"Over the next few years, MGM is planning to release half a dozen films, some in the $150 million to $200 million-plus range. Studio is ready to unveil such high-profile projects as "Terminator 4"; one or two installments of "The Hobbit," which Sloan hopes will be directed by Peter Jackson; and a sequel to "The Thomas Crown Affair" with Pierce Brosnan."
"The Hobbit" will be produced in partnership with New Line, which Sloan says shares the rights to the property with MGM."
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"Over the next few years, MGM is planning to release half a dozen films, some in the $150 million to $200 million-plus range. Studio is ready to unveil such high-profile projects as "Terminator 4"; one or two installments of "The Hobbit," which Sloan hopes will be directed by Peter Jackson; and a sequel to "The Thomas Crown Affair" with Pierce Brosnan."
"The Hobbit" will be produced in partnership with New Line, which Sloan says shares the rights to the property with MGM."
More...