This is good news to me, since it says, "[Blavatnik] would have probably sold off the rights to James Bond and the Hobbit." So now that he's not in the bidding anymore, Hobbit has more of a chance. I don't know what Time Warner would do with it, though.
It is interesting to me that they claim MGM only has half of The Hobbit among its assets. This must mean that only the first part has been picked up by MGM, and not Hobbit 2 (yet).
Sorry Eldorion, i'm not to good with computers
ps. I'm sure youv noticed.
http://the-hobbit-movie.com/2010/05/28/ ... -in-limbo/