Originally published at Allyn Gibson. You can comment here or there.

Some interesting news today. Posted at ComingSoon.net, quoting a Variety article:

Over the next few years, MGM is planning to release half a dozen films, some in the $150 million to $200 million-plus range. Studio is ready to unveil such high-profile projects as “Terminator 4″; one or two installments of “The Hobbit,” which Sloan hopes will be directed by Peter Jackson; and a sequel to “The Thomas Crown Affair” with Pierce Brosnan.

The Thomas Crown sequel has been talked about by Brosnan for a few years, though I wonder why we need another Terminator film. The big news there, of course, is The Hobbit. Could it be true, that the legal morass of the rights has been sorted? ComingSoon goes on to say:

The Hobbit (film or films) will be produced in partnership with New Line.

Ideally, one three hour film, three hours twenty minutes max. No two-part nonsense. If the animated Hobbit can get by on less then ninety minutes, a live-action Hobbit should be able to manage comfortably at twice (or slightly more than twice) the length.

And Peter Jackson must direct. No other choice. None.

But when? 2008? 2009?

Waiting is such a terrible thing, sometimes.

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