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The Hobbit isn't going to be made as there are too many problems with different companies involved. United Artists own the distribution rights, and New Line have the rights to make it. Peter Jackson said he would loke to make it, but neither of the companies want to give up their rights to what is obviously a huge money maker and a billion dollar movie.
So it's stale mate at the moment.
Anyway Peter Jackson is just about to start on his new film, a remake of a little known movie called......King Kong!
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