'The Hobbit': WB Handles Worldwide Distribution, Elijah Wood May Return as Frodo
MGM and Warner Bros. have reached a deal that gives WB the rights to handle international theatrical and video distribution on "The Hobbit". MGM will retain international television licensing for the movie, which is split into two parts. Words are, WB pays the entire cost of the project which has a price-tag expected to exceed $500 million.
In related news, Deadline Hollywood talks about "Lord of the Rings" cast who would appear in "The Hobbit". In addition to Ian McKellen, Andy Serkis and Orlando Bloom, Elijah Wood is now reported to join Peter Jackson's adaptation of J.R.R. Tolkien's "The Hobbit" and reprise his role as Frodo.
McKellen, Serkis and Bloom have been rumored to return as Gandalf, Gollum and Legolas respectively. In the meantime, Hugo Weaving is expected to return as Lord Elrond. However, the only "LOTR" cast who has been officially announced as part of "The Hobbit" is Cate Blanchett who will once again portray Galadriel aka Lady of Lothlorien.
"The Hobbit" and "The Hobbit 2" will be shot back to back with principal photography planned to be kicked off in February 2011 in New Zealand. The first film is scheduled for December 2012 release and the second film will follow a year later. Jackson, Fran Walsh, Philippa Boyens and Guillermo del Toro team up to write the script. Martin Freeman takes the lead role of Bilbo Baggins.
- Lamar Odom Caught Partying With Scantily-Clad Ladies at Strip Club and Smoking Marijuana
- Watch First Trailer for Sundance Hit 'Manchester by the Sea' Starring Casey Affleck
- I'm Guilty! 'Obsessed' Kim Kardashian Admits She Steals Things From Hotels
- Taylor Swift and Tom Hiddleston Already Have Their First 'Major' Fight - What Is It About?
- Is The Flash Coming to 'Big Bang Theory'?
- Miley Cyrus Reportedly Pays for Everything in Her Relationship With Liam Hemsworth
- Prince William Says He Still Misses Princess Diana Every Day and We Can't Help Tearing Up
- Will X-Men Join Avengers in 'Infinity War'? Here's What Joe Russo Says