Academy Award(R)-Winner Peter Jackson and New Line Cinema Join With MGM to Produce 'The Hobbit,' Eagerly-Anticipated Fantasy Adv
18 Dezembro 2007 - 2:00PM
PR Newswire (US)
NEW LINE AND MGM TO CO-PRODUCE AND SHARE WORLDWIDE DISTRIBUTION
RIGHTS LOS ANGELES, Dec. 18 /PRNewswire-FirstCall/ -- Academy
Award(R)-winning filmmaker Peter Jackson; Harry Sloan, Chairman and
CEO, Metro-Goldwyn-Mayer Studios Inc. (NYSE:MGM); Bob Shaye and
Michael Lynne, Co-Chairmen and Co-CEOs of New Line Cinema have
jointly announced today that they have entered into the following
series of agreements: (Logo:
http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO) -- MGM and
New Line will co-finance and co-distribute two films, "The Hobbit"
and a sequel to "The Hobbit." New Line will distribute in North
America and MGM will distribute internationally. -- Peter Jackson
and Fran Walsh will serve as Executive Producers of two films based
on "The Hobbit." New Line will manage the production of the films,
which will be shot simultaneously. -- Peter Jackson and New Line
have settled all litigation relating to the "Lord of the Rings"
(LOTR) Trilogy. Said Peter Jackson, "I'm very pleased that we've
been able to put our differences behind us, so that we may begin a
new chapter with our old friends at New Line. 'The Lord of the
Rings' is a legacy we proudly share with Bob and Michael, and
together, we share that legacy with millions of loyal fans all over
the world. We are delighted to continue our journey through Middle
Earth. I also want to thank Harry Sloan and our new friends at MGM
for helping us find the common ground necessary to continue that
journey." "Peter Jackson has proven himself as the filmmaker who
can bring the extraordinary imagination of Tolkien to life and we
full heartedly agree with the fans worldwide who know he should be
making 'The Hobbit,'" said Sloan, MGM's Chairman and CEO. "Now that
we are all in agreement on 'The Hobbit,' we can focus on assembling
the production team that will capture this phenomenal tale on
film." Bob Shaye, New Line Co-Chairman and Co-CEO comments, "We are
very pleased we have been able to resolve our differences, and that
Peter and Fran will be actively and creatively involved with 'The
Hobbit' movies. We know they will bring the same passion, care and
talent to these films that they so ably accomplished with 'The Lord
of the Rings' Trilogy." "Peter is a visionary filmmaker, and he
broke new ground with 'The Lord of the Rings,'" notes Michael
Lynne, New Line Co-Chairman and Co-CEO. "We're delighted he's back
for 'The Hobbit' films and that the Tolkien saga will continue with
his imprint. We greatly appreciate the efforts of Harry Sloan, who
has been instrumental in helping us reach our new accord." The two
"Hobbit" films -- "The Hobbit" and its sequel -- are scheduled to
be shot simultaneously, with pre-production beginning as soon as
possible. Principal photography is tentatively set for a 2009
start, with the intention of "The Hobbit" release slated for 2010
and its sequel the following year, in 2011. The Oscar(R)-winning,
critically-acclaimed LOTR Trilogy grossed nearly $3 billion
worldwide at the box-office. In 2003, "Return of the King" swept
the Academy Awards(R), winning all of the eleven categories in
which it was nominated, including Best Picture -- the first ever
Best Picture win for a fantasy film. The Trilogy's production was
also unprecedented at the time. For more information about "The
Hobbit" films, please visit http://www.thehobbitblog.com/. About
New Line Cinema Corporation: Celebrating its 40th anniversary year,
New Line Cinema is the most successful independent film company in
the world. Its mission is to produce innovative, popular and
profitable entertainment in the best creative environment. In
addition to the production, marketing and distribution of
theatrical motion pictures, the fully-integrated studio has
divisions devoted to home entertainment, television, music,
theater, merchandising and an international unit. In 2005, New Line
partnered with HBO to form Picturehouse, a new theatrical
distribution company to release independent films. A pioneer in
franchise filmmaking, New Line's Oscar-winning The Lord of the
Rings trilogy is one of the most successful film franchises in
history. New Line is a division of Time Warner, Inc. (NYSE:TWX).
About Metro-Goldwyn-Mayer Inc.: Metro-Goldwyn-Mayer Inc., through
its operating subsidiaries, is actively engaged in the worldwide
production and distribution of motion pictures, television
programming, home video, interactive media, music and licensed
merchandise. The company owns the world's largest library of modern
films, comprising around 4,100 titles. Operating units include
Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures
Inc., United Artists Films Inc., Ventanazul, MGM Television
Entertainment Inc., MGM Networks Inc., MGM Domestic Networks LLC,
MGM Distribution Co, MGM International Television Distribution In,
Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM
Music, MGM Worldwide Digital Media, MGM Consumer Products and MGM
Interactive. In addition, MGM has ownership interests in
international TV channels reaching nearly 120 countries. MGM
ownership is as follows: Providence Equity Partners (29%), TPG
(21%), Sony Corporation of America (20%), Comcast (20%), DLJ
Merchant Banking Partners (7%) and Quadrangle Group (3%). For more
information, visit http://www.mgm.com/. About Peter Jackson/Wingnut
Films: Peter Jackson is one of the world's most successful
filmmakers. His monumental achievement co-writing, co-producing and
directing The Lord of the Rings trilogy (with fellow Academy Award
winners and frequent collaborators Fran Walsh and Philippa Boyens)
earned a total of 30 Academy Award nominations and 17 Academy
Awards. Jackson and Walsh received their first Oscar nomination for
Best Original Screenplay for their acclaimed film Heavenly
Creatures. Jackson, through his New Zealand-based Wingnut Films
banner, also was responsible for the globally successful 2005
remake of King Kong which earned over $500 million worldwide and 3
Academy Awards. Currently, Jackson is directing an adaptation of
The Lovely Bones, from the acclaimed best-selling novel by Alice
Sebold. He is also developing a trilogy of films with Steven
Spielberg based on Tintin, the world renowned comic book series by
Herge. Press Contacts: MGM Jeff Pryor 310-449-3446 New Line Cinema
Christina Kounelias - LA 310-967-6535 Robert Pini - NY 212-649-4934
http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO
http://photoarchive.ap.org/ DATASOURCE: Metro-Goldwyn-Mayer Inc.
CONTACT: Jeff Pryor of Metro-Goldwyn-Mayer Inc., +1-310-449-3446, ;
or Christina Kounelias - LA, +1-310-967-6535, , or Robert Pini -
NY, +1-212-649-4934, , both of New Line Cinema Web site:
http://www.mgm.com/ http://www.thehobbitblog.com/
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