The production studio behind the “Lord Of The Rings” films has told director Peter Jackson that he is not wanted for their future film version of “The Hobbit”, according to Digital Spy.
The news follows a dispute between Jackson's Wingnut Films and New Line studios over the accounting on the popular trilogy. That led to an ongoing legal battle between the two parties.
In a letter to “Lord Of The Rings” website TheOneRing.net, Jackson said that studio New Line had contacted an associate and stated that it "would no longer be requiring our services on “The Hobbit” and the LOTR 'prequel'. This was a courtesy call to let us know that the studio was now actively looking to hire another filmmaker for both projects."

"We've always assumed that we would be asked to make “The Hobbit” possibly this second film, back to back, as we did the original movies. We assumed that our lawsuit with the studio would come to a natural conclusion and we would then be free to discuss our ideas with the studio, get excited and jump on board”, the director expressed his disappointment over the situation.
The aforementioned prequel reportedly bridges the gap between “The Hobbit” and “The Fellowship of the Ring”.
Publication date: 20 November 2006
Source:
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