New Line chairman Robert Shaye has talked a bit on The Hobbit recently and you can find some info with New York Times, such as this excerpt:
But in Hollywood and on Wall Street, some question the focus at New Line. After the success of “Lord of the Rings,” some had expected the studio to pursue a more ambitious agenda than the urban comedies and horror films of its past. That might have included pressing ahead with “The Hobbit,” from the “Rings” author J. R. R. Tolkien, to which New Line shares the rights.
Instead, Mr. Shaye has been trading insults with the “Rings” director Peter Jackson, while the studio has struggled to find a new breakout hit.
“I wouldn’t characterize it as financial crisis, even if they had a bad year,” said Harold L. Vogel, an entertainment analyst. “It’s more like an identity crisis. It’s a fair question: where do you go from here? Everyone has the same problem, whether you’re 90 or you’re 20. And they’re facing it now with a little more emphasis.”
Read the rest
at New York Times. Note that the date given is 2009, so there's going to be quite some waiting yet.
[ February 20, 2007, 21:47: Message edited by: chevalier ]