Good news for The Hobbit?
New Line Agrees to Pay 'RINGS' Fine-
New Line is accepting a fine handed to them from a Federal Judge for the failures of handing over documents as requested, something Peter Jackson has said from the beginning causing the court case. The $125,000 fine could have been contested or sought a review which would have taken more time in this ongoing court battle. Instead, they're accepting the decision. New Line's attorney Robert Schwartz wrote, "Mindful that the court's resources are valuable and limited, New Line will neither oppose that award nor seek review" of the order.
-TheOneRing.net
Entertainment Weekly Talks 'The Hobbit'-
"But 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. ''There has been a détente,'' says one insider. There is now the beginning of a discourse between Peter Jackson and New Line that's running parallel to the litigation proceedings.''
-Entertainment Weekly
New Line is accepting a fine handed to them from a Federal Judge for the failures of handing over documents as requested, something Peter Jackson has said from the beginning causing the court case. The $125,000 fine could have been contested or sought a review which would have taken more time in this ongoing court battle. Instead, they're accepting the decision. New Line's attorney Robert Schwartz wrote, "Mindful that the court's resources are valuable and limited, New Line will neither oppose that award nor seek review" of the order.
-TheOneRing.net
Entertainment Weekly Talks 'The Hobbit'-
"But 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. ''There has been a détente,'' says one insider. There is now the beginning of a discourse between Peter Jackson and New Line that's running parallel to the litigation proceedings.''
-Entertainment Weekly