'The Hobbit' Rights May Be Coming To New Line[Monday, July 19th, 2004]
Peter Jackson may actually direct The Hobbit, the prequel to the Lord of the Rings trilogy.
Jackson has on many occasions expressed his interest in directing the sequel but due to legal issues of the rights to the J.R.R Tolkien being held by MGM and not New Line -- who made the recent trilogy.
Recently Variety reported that Time Warner who owns New Line is going to purchase MGM and so will share the rights with New Line, which in turn will help get the production get started on The Hobbit.
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