Speaking at a
press conference for his latest production, Splice, Guillermo del Toro has confirmed that 'The Hobbit' is delayed until MGM sorts out its financial troubles.
"It's not greenlit," said del Toro, "That's categorical... We've been caught in a very tangled negotiation... There cannot be any start dates until the MGM situation gets resolved. They do hold a considerable portion of the rights."
"We have designed all the creatures," he said, "We've designed the sets and the wardrobe. We have done animatics and planned battles sequences.... We are very, very prepared for when it is finally triggered."
Guillermo del Toro addressed rumors that the film may shoot in 3D saying, while 3D remains a possiblity, it has been discussed "literally once" in the production offices and it is not being planned at this time. The current production budget has been drawn without 3D in mind.
Speaking at a press conference for his latest production, Splice, Guillermo del Toro has confirmed that 'The Hobbit' is delayed until MGM sorts out its financial troubles.
