bluejeans07: (Lager than Life)
[personal profile] bluejeans07
http://www.theonering.net/staticnews/1163993546.html

Looks like PJ and Fran won't be making the Hobbit. Their e-mail is heartbreaking, it looks they really wanted to do it too. This makes me incredibly sad and full of Not Happy. I thought, "Here was a master artisan at his craft, he's SO GOOD at what he does that monetary issues will be settled and everything will be taken care of because they know he's just THAT GOOD." Looks like I was wrong, no matter how good you are, people will always go for the money.

Date: 2006-11-21 07:19 pm (UTC)
From: [identity profile] bluejeans07.livejournal.com
MGM is going to need to find someone else to gain the production rights though. According to the Hollywood Reporter and the Daily Variety, New Line bought the copyright from producer Saul Zantz (sp?) to produce the film while MGM has the rights to distribute the film. MGM looks to be pretty smart, they know that the fans are loyal to PJ and Fran and if they do the movies, the fans will follow without question. New Line just doesn't want to give PJ and Fran the money from the lawsuit.

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