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A HOBBIT update from Peter Jackson

You'd think it would be easy to get a film as promising as The Hobbit started, but no. Thanks to the potential sale and auctioning off of MGM and its properties, the project has been pushed back. Speaking with Moviefone (via the producer admitted that filming has been pushed back.

We've just delivered the script. Literally last week, we delivered the second of the two screenplays -- the first draft. So the studio's got both scripts now, which is a milestone; and if anything was holding it up, it was us doing the screenplays, because we'd just been writing as fast as we can, but it took us this long to get them finished. So we take whatever responsibility there is for the speed. And we're now in the process of budgeting the films, and then hopefully we'll get to a budget the studio [people] are happy with, and they'll greenlight the movies and we'll announce the shooting dates. I'd be pretty optimistic that we'll be shooting before the end of the year. I would imagine October, November, we'd be shooting by. I'm not announcing it, though. - Peter Jackson

Casting hasn't begun yet either, confirms Jackson.

We haven't signed any actors up yet, because we couldn't do that until they greenlight the movie...

Check out the full interview at Moviefone. Lets get this show on the road, Pete! I'm going to be as old as Bilbo when this comes out unless we get moving.

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