The Hobbit films, previously to be directed by Guillermo del Toro and now to be directed by Peter Jackson again.

His voice was awesome - "I can hear your breathing. I can smell your breath." Damn!

Fuck yes, Richard Boone. I wish he'd lived long enough to do more voice work.

Complications:

I've collected several knowledgeable accounts of what happened during yesterday's multi-hour contentious MGM conference call with bondholders who were "very loud and very upset". Here's why:

The call was for the benefit of the lenders, and MGM management made the presentation along with Stephen F Cooper, that Zolfo Cooper restructure specialist. MGM made a desperate plea for money because the studio had missed its numbers and was going to be out of funds very soon. "The implication was that it's teetering on bankruptcy," one source told me. MGM said it needed $20M in short-term cash flow to cover overhead, and an additional $150 million to get through the end of year and continue funding its projects, and to start Peter Jackson's Hobbit.

The Bond franchise is the other big one under consideration in all this. Comments in the story speculate Warner will swoop in to lock it all down.

(Lock down the Hobbit, not Bond, etc.)

the hobbit would be a much bigger money maker than bond. cost more though I guess.

I guess I just am comfortable with the fact that I read these books decades ago. So if someone wants to make a spectacular $200million fantasy film based on these properties, I'll gladly get high and watch them.

this is the the best outlook on this subject i've read.

these are also more conventional fantasy stories - not nearly as complicated or as much info to try to squeeze in as LotR, so i'm actually more hopeful about these than i was about the Fellowship of the Rings when it was announced. i just hope each one isn't 3 hours long. i really have no patience for long-ass movies.

Thanks for the back-up rockapads. See you in the front row.

have changed outlook from 'not seeing these' to 'will be seeing these but am dreading them'

That's years of dread dude. Bummer.

it's fairly low level stuff, tbh. am coping.

How in the world is MGM 'teetering on bankruptcy'?

Nvmd, this is a dismal looking list:

http://en.wikipedia.org/wiki/List_of_Metro-Goldwyn-Mayer_films#2008

xpost reparations for those traumatised by stargate

Maybe the MGM managers should go on a magical quest to steal some treasure off a big dragon.

IT WAS NEVER ABOUT THE MONEY U FUK

BAGGINSES' JOB TITLE WAS "THIEF" FFS

you may have something there.

Wow, how did MGM become such garbage?

del Toro's out.

So happy about this. Love this guy's imagination, but he has a knack for making dreck.

Then again, you could do a lot worse. Fingers crossed for Alfonso Cuarón or, why not?, David Gordon Green.

We're not talking about Brett Ratner here. Maybe he's made some stuff you didn't care for but "dreck"? Please to explain...

time to get luc besson on dis ting, about a decade too late imo

cometh the hour, cometh mcg

up and coming s spielberg should probably get a chance at a big franchise

It's all down to the basket case that is MGM and the extended unsureness around finally resolving a sale so they could get the funding locked in. Personally I'm pretty bummed about this, I think he would have done wonders. Jackson's indicated he's not directing so hmm. Might be interesting to see if he looks at home for someone; it would actually make a little more sense given his often-stated desire to continue developing NZ's film industry as a whole.

yeah jeez del toro is perfect

o shi: JOHN BOORMAN

The main story on this:

http://www.theonering.net/torwp/2010/05/30/36920-guillermo-del-toro-departs-the-hobbit/#more-36920

i know these guys are rich and all but i do feel bad for people in such an all-or-nothing business that they can work on pre-production on something for a couple years and then just have it all go up in smoke like this

Maybe he's made some stuff you didn't care for but "dreck"? Please to explain...

The two Hell Boy movies are pretty much my archetype of "cool design", "neat story and characters", "wow is that a shitty finished movie".

^ OTM OTM OTM

i wonder if his Hobbit movies would've had neat stories and characters.

And let's not forget Blade 2

would've been pretty easy to snort "lol The Frighteners" a decade ago too

yes, yes it would.

I dunno: Frighteners felt promising, not quite the movie Jackson seemed to want to make. Whereas del Toro's failures just feel like he sorta sucks. (I enjoyed Pan's Labyrinth until the ending.)

it turns out middle earth was just a figment of a little girl's imagination

Dreamed by a dog on an island.

the little fat beardy girl forgot about tom bombadil, but misremembered in some fucking werewolves in the second film iirc

The above assessments of Del Toro OTM, but damn this could get a lot worse. Scared to hear the next name.

Michael Winterbottom-

Dwarf-orgy (hardcore, obv) followed by prolonged and explicit killing of an actual dragon.

Boorman would be dope actually. Too old now, I suspect.

Haha I've got it-- Von Trier!

was tryin to think of van trier tbh

David Lynch. He did Dune, so why not?

He did Dune

as long as it isn't peter jackson

Good point. xpost

Re del Toro dreck: I liked both Hellboy movies, Pans Labyrinth...he has a great 'fairytale sensibility' imo ...am bummed he's off this.

Just watched Adventures of Baron Munchausen....god Gilliam could make an awesome Hobbit (assuming Gilliam wasn't Gilliam and could bring it in on time, in budget, &c...that is to say, so not gonna happen)

Pretty good summary post on what the background all was:

http://latimesblogs.latimes.com/movies/2010/05/guillermo-del-toro-hobbit-mgm-peter-jackson-quits-baggins.html

See also the past six months of MGM commentary over at Nikki Finke's site.

If there's one message that "Inside Job," Charles Ferguson's new documentary about the financial crisis, imparts to audiences, it's that even the most far-flung factors can give rise to serious real-world consequences.

On Sunday an object lesson in that truism hit the film world, as fan boys and the rest of us suddenly found ourselves the unexpected victims of Wall Street woolliness.

CHILLING. really brings it all home. "can't happen here" much??

I learned it all from you, s1ocki! Oh wait wrong moral lesson.

If anything I'm betting McKellen's out now as Gandalf; he'd already said he would be involved only if he didn't have to commit for another long back-and-forth period to NZ and I don't think anyone would blame him if he bowed out.