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The One Ring Forums: Tolkien Topics: Movie Discussion: The Hobbit:
It's as I feared...

Sunflower
Valinor

Nov 29 2009, 6:05pm


Views: 1151
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It's as I feared... [In reply to] Can't Post

Warner Brothers is delaying the green light b/c it wants to buy out MGM.

MGM keeps getting forbearances to pay its debt, or at least provide credible proof that it can get a head start on paying its debt. It was supposed to go on the auction block in December, and it got a forbearance until the end of January. This is its 2nd forbearance.

Warner's wants to buy out MGM so all facets of TH production can go under one roof (and of course they'd get all the profits.) They think that if they did not do this now, down the road there'd be trouble, as MGM being the co-financier and foreign distributor, if it went belly-up they'd get sucked into its death throes and TH would be delayed as a result (never good for buzz. Remember James Cameron and Titanic.) MGM, on the other hand, has been making precisely the same argument to its creditors: that TH is a potentially extremely profitable investment and this is what is swaying the creditors to be merciful: if TH production is delayed or interrupted, it would damage the profits, so best to leave things as is. It's a horrible chicken-end-egg situation and I'll bet all parties at WB are getting really impatient and wondering how to make it stop. How do they get out of it and bring things to a conclusion?

IMO MGM, as great a studio as it once was, has been on life support for years and it is time to pull the plug. Its debts are so great that not even the library can save it. I never thought I'd be for any sort of backstage chicanery, but I'll bet several parties have ben triyng to facilitate MGM's demise and have so far been unsuccessful. (Nikki Finke has been great at covering this debacle. http://www.deadlinehollywooddaily.com. I hope someone can get this ball rolling...

As for the filming delay...it's not that bad (yet) As has been said, they're doing 2 films not three, and pre-production is further along this time. They're not starting from scratch. I was wondering how they were going to begin filming in March or April with a green light in December...I would NOT want the casting process rushed through. It's only a 3-month delay. Not 6. But I'll bet WB has asked Peter to contine to finance this thing (gone to him with hat in hand). And PJ has graciously said yes...but privately, I'll bet both he and Guillermo are steaming mad. This will not damage the production IMO, they can still keep the release date, but any further delay after the summer and it will. The bit about "completing the 2nd script" is just b.s. They can get that done, but while they have extra time to do that, casting is again delayed. (we hope not. But I think it will be..)

Which leads me to Dec 8. Why did WB give us a Dec 8 date if they already knew that there was going to be no green light? The forbearance was supposed to expire in January, so they must have been sure they were going to be in negotiations to get the studio anyway. If there is to be no green light, then just *what* are supposed to be hearing on Dec 8? Is that delayed too?
But *of course* they'll say nothing right now. They want to leave us hanging in the air while the buzz goes out...MadMad
I just think they're feeding us b.s. right now so fans and the media won't get any negative buzz...that way, Dec 8 may quietly come and go, like so many other dates have...

Dangit, I wish I could be a ghost and invade the offices of these people, and haunt their dreams. I won't officially say this project is cursed until the filming is delayed again..and may that not happen. It's getting harder and harder to maintain any Gramma-like optimism here!


(This post was edited by Sunflower on Nov 29 2009, 6:15pm)

Subject User Time
PJ: "No green light yet" cedric Send a private message to cedric Nov 29 2009, 2:00pm
    Very interesting.... Eldorion Send a private message to Eldorion Nov 29 2009, 2:48pm
    Posted by Hsvfan: Shooting delayed to july 2010, according to Herr-der-ringe-film.de Altaira Send a private message to Altaira Nov 29 2009, 5:12pm
        I really, really hope.. Buchanicus Send a private message to Buchanicus Nov 29 2009, 8:45pm
            I do too. Sunflower Send a private message to Sunflower Nov 29 2009, 9:40pm
                non-holiday release does not kill Oscar chances almas_sparks Send a private message to almas_sparks Nov 30 2009, 3:42pm
    It's as I feared... Sunflower Send a private message to Sunflower Nov 29 2009, 6:05pm
        Well that's depressing! Captain Salt Send a private message to Captain Salt Nov 29 2009, 6:15pm
        If you are right, and you do make a plausible case, then I am relieved. Pryderi Send a private message to Pryderi Nov 29 2009, 8:23pm
        We all know what a financial disaster that turned out to be Voronwë_the_Faithful Send a private message to Voronwë_the_Faithful Nov 29 2009, 10:21pm
            LOL Sunflower Send a private message to Sunflower Nov 29 2009, 10:46pm
                Am I know the only one who Wandering Ranger Send a private message to Wandering Ranger Nov 29 2009, 10:57pm
                    Me too! hamlet Send a private message to hamlet Nov 30 2009, 5:25pm
                Oops...I meant "the autumn of 1997" Sunflower Send a private message to Sunflower Nov 29 2009, 11:14pm
        Are you sure about that? Eldorion Send a private message to Eldorion Nov 30 2009, 5:40am
            Then why.... Sunflower Send a private message to Sunflower Nov 30 2009, 9:52am
                With all due respect, Perlman isn`t cast almas_sparks Send a private message to almas_sparks Nov 30 2009, 3:33pm
                Plans change when stuff comes up Eldorion Send a private message to Eldorion Nov 30 2009, 5:34pm
    The only thing... Sunflower Send a private message to Sunflower Nov 29 2009, 6:23pm
        casting Growlithe the Grey Send a private message to Growlithe the Grey Nov 30 2009, 3:13am
    .. Nine Finger Frodo Send a private message to Nine Finger Frodo Nov 29 2009, 7:48pm
    Since.. Nine Finger Frodo Send a private message to Nine Finger Frodo Nov 29 2009, 11:11pm
    I'll wait to hear it from grammaboodawg Send a private message to grammaboodawg Nov 29 2009, 11:12pm
    Sounds right and one interesting change MrCere Send a private message to MrCere Nov 29 2009, 11:45pm
    Wails and screams AinurOlorin Send a private message to AinurOlorin Nov 30 2009, 7:05am
    what's cookin? carrioncrow Send a private message to carrioncrow Nov 30 2009, 11:19am
    Casting wide open again... olipowell Send a private message to olipowell Nov 30 2009, 4:14pm
        Actors drop from movies all the time almas_sparks Send a private message to almas_sparks Nov 30 2009, 4:39pm
            Yeh I'm well aware of that olipowell Send a private message to olipowell Nov 30 2009, 4:48pm
                July is just an estimated beginning of production almas_sparks Send a private message to almas_sparks Nov 30 2009, 5:39pm
                    Am I the only one... Buchanicus Send a private message to Buchanicus Nov 30 2009, 7:43pm
                    I agree with everything you're saying olipowell Send a private message to olipowell Dec 1 2009, 12:58am
                        Very encouraging about the green light Eldorion Send a private message to Eldorion Dec 1 2009, 1:46am
                        The frustrating thing - not knowing Growlithe the Grey Send a private message to Growlithe the Grey Dec 1 2009, 7:24am
                            WB is just smarting up from The Watchmen brouhaha almas_sparks Send a private message to almas_sparks Dec 1 2009, 2:27pm
                                If that's the case... olipowell Send a private message to olipowell Dec 1 2009, 2:50pm
                        if they hired casting directors now... almas_sparks Send a private message to almas_sparks Dec 1 2009, 3:02pm
                            Realistically... olipowell Send a private message to olipowell Dec 1 2009, 3:55pm
                                keep us posted almas_sparks Send a private message to almas_sparks Dec 1 2009, 7:04pm
            Yes, with all due respect, Almas.... Sunflower Send a private message to Sunflower Nov 30 2009, 5:07pm
                It is favorism almas_sparks Send a private message to almas_sparks Nov 30 2009, 5:25pm
                    A couple of thoughts MrCere Send a private message to MrCere Dec 1 2009, 7:51am
                        And, of course, GdT isn't the first one to do this. grammaboodawg Send a private message to grammaboodawg Dec 1 2009, 10:03am
                            In all due respect, Jones and Perlman aren`t Jimmy Stewart almas_sparks Send a private message to almas_sparks Dec 1 2009, 2:18pm
                                Of course not. grammaboodawg Send a private message to grammaboodawg Dec 2 2009, 2:06am
                        Than I hope the studio will put the kibosh on favorism in major roles almas_sparks Send a private message to almas_sparks Dec 1 2009, 2:13pm
    Patience Kangi Ska Send a private message to Kangi Ska Nov 30 2009, 6:40pm
    Golly gosh darn willikers Tim Send a private message to Tim Nov 30 2009, 8:49pm
    Another reason dennis.p Send a private message to dennis.p Nov 30 2009, 8:52pm
        Inconceivable Kangi Ska Send a private message to Kangi Ska Nov 30 2009, 9:28pm
        I doubt PJ would direct Kristin Thompson Send a private message to Kristin Thompson Nov 30 2009, 11:40pm
    I'm so disappointed Goldberry of the river Send a private message to Goldberry of the river Nov 30 2009, 9:48pm
        Me too PettyMim Send a private message to PettyMim Nov 30 2009, 9:54pm
            I'm TRYING to be patient Goldberry of the river Send a private message to Goldberry of the river Nov 30 2009, 10:24pm
                Thanks for the reminder! PettyMim Send a private message to PettyMim Dec 1 2009, 3:23pm
    So, if shooting will start three months later, Theodred Send a private message to Theodred Nov 30 2009, 11:31pm
        I doubt very, very much... sticklebat Send a private message to sticklebat Dec 1 2009, 8:55am
        Too pessimistic.... dormouse Send a private message to dormouse Dec 1 2009, 1:19pm
    I'm kind of holding on to all hope here, so...... the_Big_X Send a private message to the_Big_X Dec 1 2009, 1:40pm
        There's PJ himself Eldorion Send a private message to Eldorion Dec 1 2009, 6:53pm

 
 
 

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