Peter Jackson inks Hobbit , Two Picture Deal

 Posted by: PuppetMaster
Today NewLine Informed us that they have inked a two picture deal with Peter Jackson to bring the Hobbit to life. MGM will also co-finance the film with Peter Jackson and Fran Walsh producing. New Line also let it be known that all litigation in reference to the earlier Lord of the Rings films has been settled. I am very excited by this news and look forward to these two films and no doubt so is Peter Jackson and New Line since the last films made billions!

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