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From Nikki Finke's blog (which seems to be under the surface at the moment, possibly its server having been hammered by so much attention):
"URGENT! Peter Jackson And Bob Shaye Settle; Jackson Will Exec Produce 'Hobbit'
After nearly three years of legal battling and public bad-mouthing and six months of settlement talks, it's all over. Even better, it's back to Middle Earth for all parties. Today's big news is that JRR Tolkien's The Hobbit and its sequel will finally be made back-to-back for New Line and MGM the way they should be -- [...]"
(that's all we have at the moment.) Check the blog for more / better news.)
(EDIT: The NY Times article adds:)
"URGENT! Peter Jackson And Bob Shaye Settle; Jackson Will Exec Produce 'Hobbit'
After nearly three years of legal battling and public bad-mouthing and six months of settlement talks, it's all over. Even better, it's back to Middle Earth for all parties. Today's big news is that JRR Tolkien's The Hobbit and its sequel will finally be made back-to-back for New Line and MGM the way they should be -- [...]"
(that's all we have at the moment.) Check the blog for more / better news.)
(EDIT: The NY Times article adds:)
The untitled sequel is described as bridging the 60-year gap between the end of J. R. R. Tolkien’s "Hobbit" and the beginning of the “Rings” trilogy.
