Thread: MGM is holding up The Hobbit
This is what I expected was causing the delay in green-lighting, but it's nice to know for sure. Of course, it would be even nicer for the situation to be resolved. If MGM can't find new ownership and commit to helping with The Hobbit soon, I don't think the Summer 2010 filming date will be met. If filming is pushed back then, by PJ's estimation, The Hobbit won't be released until 2012. Sadly this is looking more and more likely to me.
Not so. [i:1aippo3s]Pre[/i:1aippo3s]-production - writing the script, building sets, etc. - is going on and has been since 2007 or 2008.
[quote:1aippo3s]as the decision has obviously been made to film in 3D, project developers have clearly given themselves the green light.[/quote:1aippo3s]
1. We've heard nothing of an official decision, just hearsay from anonymous sources. Perhaps the studios would like to film in 3D, but I doubt they've committed to it yet (see below).
2. The people working on the project can't give the green-light, the studio has to (according to PJ). Also according to PJ, the green-light hasn't been given. Everything is in the basic early stages.
It's possible that the pre-production is being paid for by PJ, or that Warner Bros. is simply taking a gamble by going ahead with set-building, etc. No one in their right minds will let The Hobbit fall through when it's pretty much guaranteed to give two hit movies, and I think Warner Bros. just wants to be ready in case the deal comes through quickly. If it takes a while, at least they're ready and can start filming as soon as the financial/legal stuff falls into place.
[quote:23wl3u4w]The thing is, producers of hot properties have been known in the past to damn the torpedoes and forge ahead, pulling the studios along behind them. Scriptwriting is one thing, set building is another thing entirely.[/quote:23wl3u4w]
See above: they're almost certainly going to film at some point. I don't think them building sets is enough to disprove the reports that a final budget has yet to come through. There may be an unofficial or ad hoc budget in place, but it seems they're still waiting for all the formalities and contracts to be finished.
MGM really can't approve anything now since they are billions of dollars in debt and scrambling to find someone willing to buy them. The new owner(s) will, presumably, be able to meet MGM's commitments with regards to The Hobbit.
And of course, as you mention, the acting in LotR is much better.