The Hobbit

Rolling Stone interview Peter Jackson last December and this is what he said about the making of The Hobbit

"And what's the status of The Hobbit?

New Line have the rights to produce a film of The Hobbit, but it has to be distributed by MGM. If you remember, about six or eight months ago, MGM was bought by Sony, which was frustrating, because it looked like Time Warner [New Line's parent corporation] was going to be the buyer -- and then all the rights would've been in the family. But now Sony and New Line will have to talk to each other. I keep asking about it, just out of interest, but they haven't sat down yet. Hopefully someday the phone will ring -- "Hey, let's do The Hobbit" -- which I'd be perfectly happy to do."