Film giant Peter Jackson has told Tolkien fans and movie buffs the two-film production is still in the “very early stages” and is still unfunded.
“The studio hasn’t even green-lit The Hobbit yet, but everyone is assuming the film is all happening,” Jackson told the comic book convention Comic-Con in California.
“But it’s not really the case. The studio has to approve the script first of all and have confidence that the script is going to make a good film.
“And then we have to budget that script - because there’s no budget, we don’t know how much it’s going to cost and you don’t know until you finish the script.”
[HOBIT] [HOBT2] WA