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Looks Like The Hobbit’s Delayed Again
MGM’s financial issues are to blame…

29 March 2010  |  Written by James White  |  Source: The Playlist

submit to reddit

Just when we thought everything might be on track, along comes financial reality to pee on our pizza. While well-known wizard (and newly minted Empire Icon) Sir Ian McKellen had announced a July start date for shooting on the two-film Hobbit production, now it appears the film(s) won’t kick off until the end of the year.

The Playlist has collected a couple of clues, one from Andy Serkis, and one from the fact that McKellen’s site now simply says the shoot will happen “at a time to be announced.”

Plus, the dedicated followers of all things Tolkien over at The One Ring have confirmed that the continuing financial struggles of MGM, which owns the distribution rights to the film, are having a serious impact. The company is currently on the auction block, trying to sell off its assets to balance out some massive debts, so it’s unlikely it can be ready in time to gear up a 2011 release.

Of course, given how Hobbit rumours have worked in the past, we now wait to hear from Peter Jackson or Guillermo del Toro on whether it’s true, but it sounds disturbingly like we really are going to have to wait a little longer. Stupid scheduling issues-es! We hates it! Studios hates us! No, studios loves us...


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Your Comments

The longer this seems to be going on, the less i seem to care about the Hobbit movie full stop. More

Posted by chris wootton at 10:55 on 31 March 2010 | Report This Post

RE: Dead Cert
this is depressing news.  gives me the feeling that there are other factors at play here.  Hope all is well in the Jackson/Del toro camp. More

Posted by Letattz at 15:18 on 29 March 2010 | Report This Post

Dead Cert
If The Hobbit films are going to be a dead cert success, why can't Warners/New Line stump up the money to make the films now and then worry about the distribution problems later on? Are the potential risks too great? More

Posted by batfunk at 13:50 on 29 March 2010 | Report This Post

Who woulda thunk it......
A film that is gurannteed to make at least £1b on tickets, merch, etc is entering the murky realms of development hell. Maybe the studio are feeling a tad uncomfortable as it isn't a re-make, re-imaging or comic book "franchise" only joshing folks! More

Posted by His Dudeness at 13:21 on 29 March 2010 | Report This Post

MGM Causes Other Delays
It's not only The Hobbit that's hobbled—the next Bond movie is held up too, until MGM is sold. Time-Warner are rumoured as the likely saviours… More

Posted by olirog at 09:11 on 29 March 2010 | Report This Post

The Hobbit Delays
If MGM are in the financial mire they appear to be in, why don't New Line and parent company step in and buy them? Whilst I appreciate the crisis that are afflicting them surely some cold hard cash pushed their way would alleviate their situation and allow everyone to get on and do what they want to do i.e. MAKE THE BLOODY FILM!! More

Posted by kittybinks at 08:17 on 29 March 2010 | Report This Post

OF COURSE!!!
I knew they'd do this, it's like they don't want it coming out COME ON! More

Posted by 00283466 at 07:37 on 29 March 2010 | Report This Post

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