New Line Cinema is looking for a director other than Peter Jackson to helm The Hobbit and a planned prequel to Lord of the Rings:
In a letter to a Tolkien website, Jackson and his producing and writing partner Fran Walsh said that they had received a call from an executive at New Line, the studio behind the three films, telling them that their services would not be required on either The Hobbit or a planned prequel to the original trilogy.
“This was a courtesy call to let us know that the studio was now actively looking to hire another film-maker for both projects,” the film-makers wrote in a letter to Theonering.net. “This outcome is not what we anticipated or wanted, but neither do we see any positive value in bitterness and rancour. We now have no choice but to let the idea of a film of The Hobbit go and move forward with other projects.”
A pox on New Line!