Over two years ago, Guillermo Del Toro, the director of Pan’s Labyrinth and the Hellboy series among other films, was attached to direct The Hobbit. The Hobbit is the prequel to the Lord of the Rings trilogy, also by JRR Tolkien. Peter Jackson actually confident Del Toro to move to New Zealand to help him get it onto the large screen. The film was heavily beset by the financial problems of MGM Studios, and as a result, Del Toro has dropped the metaphorical hammer of the gods on the film.
Source for this article: Guillermo Del Toro drops The Hobbit and rambles on to other work By Personal Money Store
After a long struggle Guillermo Del Toro was hired
Since The Lord of the Rings trilogy was so popular, a film of The Hobbit was all but inevitable. The problem is that LOTR and Peter Jackson belong to New Line, and the Hobbit is owned by United Artists and Metro Goldwyn Mayer. An agreement where Jackson wouldn’t direct the film was made, and pre-production was begun. It was decided that Guillermo Del Toro would make cash until payday loan rain from the sky, as his films feature exquisite visual design.
No quarter from development troubles
As MGM was plagued with money troubles, the work ground to a standstill. The film can be in two installments scheduled for release a year apart, and at first the first was due in 2010, but now won’t debut until at least 2012, according to CNN. Del Toro has stated he will remain in no matter what capacity he can to get pre-production moving, but won’t direct as a result of the studio problems. He moved to Wellington to work on the project.
Studios have yet again trampled underfoot a huge film
The live action version of The Hobbit is one of the latest projects in what is called development hell. Development hell is what it is called when a project, be it a movie or album or video game, has a real hard time getting put together and released. There is apparently many smog around The Hobbit, and 2012 is starting to look optimistic at best.