According to the Wall Street Journal, Spyglass Entertainment has emerged as the leading contender to run Metro-Goldwyn-Mayer Inc., according to people familiar with the matter. The beleaguered film studio races to restructure a roughly $4 billion debt load this summer.
Spyglass co-heads Gary Barber and Roger Birnbaum would run the studio as co-chief executives under a plan being discussed with MGM’s creditors, these people said.
Deadline.com has a similar story also filled with conjecture and word-on-the-street information but they don’t require a subscription so you can read the whole story here.
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Before anybody gets crazy, let me be clear that we are not reporting that Neill Blomkamp is the director of ‘The Hobbit’. I am not ready to put my name or TheOneRing’s name on a story that says this is fact.
However, we did receive a spy report that stated it as cold, hard, unsurprising fact. We haven’t been able to get a verification but the tip stated some other information on the side that fits with other info from other sources. A bunch of little pieces of information, some rock solid, some unclear, start to form a big picture that looks like it could have Blomkamp in it. I promise to explain it all if you will keep reading!
MGM and Warner Bros. want Peter Jackson to direct both movies adapted from “The Hobbit.” They are trying to talk him into it because his name can carry the films and is an obvious and bankable marketing strategy. Continue reading “Neill Blomkamp is the ‘Hobbit’ director – maybe”
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Will MGM’s creditors sell the studio or run the studio? The waiting, figuring and speculation continues. No matter which option they choose, debtholders must realize that Guillermo del Toro walking away from the project because of the delayed greenlight was another loss to the value of the venerable studio. Scrambling for a new director or forcing Peter Jackson to sit in a director’s chair he passed on isn’t ideal for anybody’s bottom line. www.businessweek.com breaks down the latest figures, rumors and actions of the studios and lenders involved. Tom Cruise even manages to get mentioned in the story. Read and learn! Thanks to message board member Pipeline Pipe Dream for finding the story.
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Linuxelf sends along a video from New Zealand TV’s Breakfast show featuring a story about GDT and the fate of The Hobbit. More..
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From our pal John Campea at amcentertainment.com: As most of you have heard by now, this past weekend it was announced that director Guillermo del Toro has stepped down from the upcoming “The Hobbit” films.
Del Toro has been with the film for 2 years now, but according to his official statements, the number of delays in getting production started has now brought shooting the film in conflict with other films he is committed to. We had a chance to talk with several film pundits to get their reaction to the news and what… if anything… this means to the future of “The Hobbit” movies.
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In case you were unplugged and off the information grid all weekend, TheOneRing.net broke the story that Guillermo del Toro has stepped away from directing duties on two planned (hoped for) films based on J.R.R. Tolkien’s “The Hobbit.” We are assured (by one of the super-good inside sources) that GDT’s DNA in the form of script and design and pre-viz work will remain in place, new director willing. And why would they find a director who isn’t willing or wants to revisit the same work?
After getting over the shock and feeling the loss of our message board member’s departure, and wishing him all the best, the question now becomes: Who will direct “The Hobbit”? We have some ideas and maybe even some insights. Continue reading “Who will helm ‘The Hobbit’?”
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