New Line CEO Says Hobbit Is Happening

The back and forth goings on between New Line, Jackson, the fans and The Hobbit have been head spinning. We hear New Line fires Jackson, we hear lawsuits… then we hear there are secret discussions going on between the two parties… then we see Entertainment Weekly suggest a reconciliation may happen between New Line and Jackson.

But either way, according to our friends at MTV, the New Line bosses (Bob Shaye and Michael Lynne) are seemingly steadfast that they’re ready to move forward with The Hobbit.

Neither New Line nor Jackson’s camp would give comment to the magazine, but Shaye and Lynne, as much as they tried to dodge it, did give comment to us. “One film at a time!” Shaye laughed. “‘The Hobbit’ is in the future,” Lynne said, somewhat mysteriously. Does that mean there’s hope? “There’s more than hope,” Lynne said with a wink, as he walked away.

It sounds like 1 of 2 things is happening here. Either:

1) Outside the courtroom talks between Jackson and New Line are even further along than Entertainment Weekly thought. This is possible… it’s amazing how much can get accomplished when one just agrees to sit down at a table to talk.

2) New Line has solid plans in place sans Jackson are are ready to move forward

Either way, I’m just itching to see The Hobbit on the screen. Preferably with Jackson involved in one form or another… but I’m ok without too.

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8 thoughts on “New Line CEO Says Hobbit Is Happening

  1. to bring it up to today’s news I suggest you guys cool down. All you see it what financial dispute are NOT going to tell you their true positions. Especially a studio chief. It’s to whip up fear in the opposition. (If you can’t play with the big boys just go home). You have to assume that what’s released is BS, or at best way out of date. The press is the last to know, and never really tried to get the ‘truth’ in the film business.

    John =- please don’t take this personally or too seriously. IT’s too easy to beleive that you really know what’s going on when you can’t possibly.

    P.S. There were jokes in the Hollywood trades that I was running Paramount when I was 9. Years old. Not typo.

  2. It wasn’t in the news for years. Miramax owned it but it was too big for them to complete on their own. I’m talking way before new Line bought in and Jackson came along – way before the first film. This was never in print.

  3. what I recall is that Jackson felt he’d been cheated out of earnings and wouldn’t go forward. And of course there are talks going on. So both conclusions are right as far as I know. I knew about the New Zealand Project as it was called two years before it was even announced that New Line was becoming involved. A friend of mine was secretly prepping it.

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