Peter Jackson Will Not Make 'The Hobbit'

Peter Jackson has said that he will not be making the next film adaptation of the JRR Tolkien novel, The Hobbit.

Jackson, who has been in a dispute with New Line Cinemas regarding the income of the 'Rings' trilogy, said that the studio will not be using him to make the film.

The studio is said to be moving on to find a new director after Jackson's insistence on resolving the dispute before making the movie.

"We have always assumed that we would be asked to make The Hobbit and possibly this second film, back-to-back, as we did the original movies," Jackson's told "We assumed that our lawsuit with the studio would come to a natural conclusion and we would then be free to discuss our ideas with the studio, get excited and jump on board."

"However last week, Mark Ordesky called Ken and told him that New Line would no longer be requiring our services on the Hobbit and the LOTR 'prequel'. This was a courtesy call to let us know that the studio was now actively looking to hire another filmmaker for both projects."

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