now the legal battle that's kept The Lord of the Rings' prequel, The Hobbit, hung up for years — a bitter feud between Rings director Peter Jackson and New Line Cinema co-chairman Robert Shaye — may finally be nearing resolution. For once, there's reason to be cautiously optimistic. At this writing, no agreements have been announced and details of the negotiations are sketchy (neither New Line nor Jackson's camp would comment to EW on any aspect of this story), but sources close to the talks tell us that they're detecting a lot less frost in the air, and that a deal may be reached that could help usher J.R.R. Tolkien's maiden Middle-earth masterpiece to screens before the end of the decade.
Nothing definite yet, but I, for one, am VERY excited at the mere possibility that Jackson might be directing The Hobbit. And, if he has his way, a film telling the events that took place in the 60 years between The Hobbit and Lord of the Rings.
Bad. Ass. Let's all hope it works out!