Official The Hobbit thread

[Boom]

I'm just saying. I'd rather have it delayed another year than it getting shelved because of this never-ending MGM ********.

 

[Denny67]

I'm confused.

On the SHH main page:

Under the agreement, Warner Bros. movies that will be released in IMAX are: Legends of the Guardian: The Owls of Ga'Hoole 3D (September 24, 2010); Harry Potter and the Deathly Hallows: Part 1 (3D) (November 19, 2010); Harry Potter and the Deathly Hallows: Part II (3D) (July 15, 2011); Happy Feet 2 (3D) (November 18, 2011); and The Hobbit (December 2013). Warner Bros. and IMAX also plan to release an additional 15 films over the course of 2011, 2012 and 2013, including Gravity, Dark Shadows, Fury Road, Batman 3, and Superman.

 

[Steelsheen]

Take this as an official announcement that Hobbit has been pushed back one year.

http://www.comingsoon.net/news/movienews.php?id=65561

something makes me wonder if we should light candles and start chanting around Tolkien's grave. the LOTR productions were wonderfully grace-filled despite insurmountable odds, while the The Hobbit has got all the support it needs right from the get go except for that one tiny legal detail that has grown into this major stumbling block.

 

[matrix_ghost]

something makes me wonder if we should light candles and start chanting around Tolkien's grave. the LOTR productions were wonderfully grace-filled despite insurmountable odds, while the The Hobbit has got all the support it needs right from the get go except for that one tiny legal detail that has grown into this major stumbling block.

Not really.
It also was major problem for LOTR to be adapted with the problems going as far back as the 80's.

 

[matrix_ghost]

I'm confused.

On the SHH main page:

Why exactly ?

 

[matrix_ghost]

http://www.comingsoon.net/news/movienews.php?id=65561

UPDATE: IMAX incorrectly listed the release date for The Hobbit in the press release below. Warner Bros. Pictures has confirmed that they are now targeting a December 2012 release for The Hobbit and a December 2013 release for The Hobbit sequel.

 

[dark_b]

Not really.
It also was major problem for LOTR to be adapted with the problems going as far back as the 80's.

true. a lot of people are not even aware how hard it was to make those films back then.

they think that since Jackson is the cinematic god and that it made a lot of money that everything went perfect.

no.

 

[matrix_ghost]

true. a lot of people are not even aware how hard it was to make those films back then.

they think that since Jackson is the cinematic god and that it made a lot of money that everything went perfect.

no.

Granted Hobbit has the benefit of having the right talent now which certainly wasn't the case when LOTR was being made till Jakcson arrived. And even then it was still a problem because MIRAMAX wanted to make 2 movies not 3.

Once the legal issues are sorted out i think production will begin very fast.
And i have a feeling that ther eis movement on the project. SOme days ago Jackson and co delivered the 2nd script to WB and MGM and are now waiting for budget approval. Now WB comes with the press release saying that both Hobbit movies will be released in dec 2012/13.

 

[Captain America]

http://www.comingsoon.net/news/movienews.php?id=65561

Oh thank god!

 

[Denny67]

Why exactly ?

Just by the varying reports of delays and various estimated release dates. Info is kind of all over the place.

 

[matrix_ghost]

To be honest though that info just comes from various movie sites without real confirmation. Excluding the stuff about MGM .
Like Peter jackson said most of the info are bits and pieces of interviewers that start to lead their own life .
It´s not like we haven´t see this happen on the hype.

 

[Armored Avenger]

http://www.comingsoon.net/news/movienews.php?id=65561

So WB is going to release both The Hobbit and Superman in December 2012 then. The Hobbit is a guaranteed success, but I really want Superman to do brilliantly as well and I hope the close release dates don't damage Superman's box office. Hopefully both do fantastic, or Superman is moved to another date.

 

[Boom]

Where did it say Superman was scheduled for December 2012? All I'm seeing is that it is among the projects to be released in IMAX over the course of three years (2011-2013).

 

[Octoberist]

Boom is right

 

[Armored Avenger]

Nothing has been announced but it seems the date being thrown around for Superman at the moment is December 2012. It is the most logical choice for a date, as the summer of 2012 will have Batman 3, the Spider-Man reboot and the Avengers. I don't see Superman being released in an already crowded summer, 2011 is too early and 2013 seems too late, as its being worked on right now. The December 2012 date makes the most sense. And after the success of Avatar I can see WB wanting to release a big spectacle movie, like Superman probably will be, in December.

 

[FaT_tONle]

If Hobbit gets delayed, it will go to winter 2013/2014. Even if they start filming like 2-3 years before Hobbit is released. More time for converting and CGI the better. Superman is probably tenative for July 2013. WB needs July movies, not more Christmas movies. I see 2013 shaping up to be IM3 in May and Supes reboot in July, with maybe another Marvel production in June from Marvel or through Fox. I do believe Hobbit will make 2012/2013. It's gone too far not to.

 

[Boom]

OH. MY. ****ING. GOD.

As May 15 deadline looms, Lion will seek fifth forbearance
By Carl DiOrio
May 5, 2010, 08:46 PM ET Figure on yet another extension to MGM's debt forbearance agreement.

The Lion has gotten four such extensions previously, including one delaying more than $400 million in interest and principal payments until May 15. With a lenders steering committee set to meet Monday, electronic ballots will be sent early next week to a broader group of debtholders in an attempt to give MGM and its restructuring team even more breathing room.

The proposal is expected to pass, giving MGM at least another several weeks to work on its restructuring.

Strapped with a crushing $3.7 billion in debt, MGM and consultant Moelis & Co. tried unsuccessfully to find buyers for the studio and in recent weeks has been discussing with top industryites means of securing new capital to keep the lights burning in the Lion's Century City lair. The process is expected eventually to result in two additional things: the appointment of a successor to current MGM CEO Stephen Cooper and a shift of most studio equity from a current consortium to the lenders group.

MGM's owners include Providence Equity, TPG Capital, Sony, Comcast, DLJ Merchant and Quadrangle.

Cooper is a turnaround veteran brought in for the sale-or-restructuring process. Companies considering possible new equity investments in MGM include Lionsgate, Access Industries, News Corp. and Qualia Capital.

Time Warner -- which topped bidders in the failed MGM auction with a $1.7 billion offer -- isn't interested in partial ownership. The Warner Bros. parent could re-engage with the Lion in talks regarding a modestly increased bid for the entire studio, but that's considered a long-shot scenario.

http://www.hollywoodreporter.com/hr/content_display/news/e3if2e371e23945e3cfdcc4076e497f455c

 

[Boom]

If it's Hobbit news, it's bad news.

MGM Seeks New Debt Waiver: Creditors Ask Media Executives for Advice, Possibly Help Running Film Studio

MGM, buckling under a nearly $4 billion debt load, wants lenders to grant a waiver on debt payments until at least the end of June and perhaps longer, these people said, adding that details haven't been hammered out. MGM's current waiver expires at the end of next week.

The creditors' committee, led by J.P. Morgan Chase & Co. and hedge funds Anchorage Advisors and Highland Capital Management, is negotiating a plan to take control of MGM through a debt-for-equity swap, the people said. The plan would be implemented through a "prepackaged" bankruptcy, lining up many creditors' approval prior to an actual filing.

Those creditors have sought advice from other media executives on how to restructure the studio and potentially to manage the restructured company.

Those they have met with include: former News Corp. executive Peter Chernin, former Viacom Inc. executive Jonathan Dolgen, Spyglass Entertainment executives, Revolution Studios founder Joe Roth, Qualia Capital managing partner Amir Malin and Liberty Media Corp.'s Overture Films CEO Chris McGurk, they said.

http://online.wsj.com/article/SB100...2946.html?mod=WSJ_business_MediaMktNewsBucket (Have to subscribe to read the whole thing unfortunately)

 

[GreenKToo]

Bond and the hobbit both are in limbo as long as this crap goes on.

 

[Jackasscoley15]

MGM's future now in hands of debt holders, not management

After nine months of tumult over the future of Metro-Goldwyn-Mayer, the storied movie studio's fate now rests in the hands of debt holders with little experience in the entertainment business.

Hedge funds that control large chunks of MGM's $3.7-billion debt, including Anchorage Advisors and Highland Capital Management, are ignoring a 2-month-old acquisition offer from Time Warner Inc. and a restructuring plan backed by Chief Executive Stephen Cooper, a turnaround expert brought in last year, to reboot the studio with $1 billion in new capital.

You can read the rest of the article at the link, it sheds a little light on the specifics regarding the MGM situation.

 

[Doctor Jones]

Someone give me the dumbed down version of it all please.

 

[GhostPoet]

Bond and the hobbit both are in limbo as long as this crap goes on.

Not if Bond has anything to say about it! There's gonna be a lot of suits with their heads in urniels if Bond gets delayed.

 

[dark_b]

Not if Bond has anything to say about it! There's gonna be a lot of suits with their heads in urniels if Bond gets delayed.

Bond already got delayed. Sam Mandez was hired. now he is starting on new projects.

 

[luke1234]

Bond already got delayed. Sam Mandez was hired. now he is starting on new projects.

Which sucks because I would of loved to see Mendez's take on Bond

 

[dark_b]

who wouldnt ?