Hey, everyone. ”Moriarty” here.

A lot of this information is not new, but what this week’s ENTERTAINMENT WEEKLY cover story actually does well is lay out everything in sequence to show just what’s gone wrong and why.

I definitely have an opinion about what’s going on between Peter Jackson and New Line, but I don’t think that opinion matters. My understanding has always been that until the legal issues are resolved, there won’t be a HOBBIT by Jackson. And there’s no guarantee that New Line will do it with him at all.

But if you want to really understand what’s happened so far, this is the best piece I’ve seen, and I think it’s encouraging when you take it all in at once. In a perfect world, I’d love to see what PJ and company would do with THE HOBBIT, but if it doesn’t happen, I’ll understand. I just think it’s impressive that anyone would take as public a stand on this as Peter did, since this is standard Hollywood practice, this sort of arrogant bullshit accounting where alleged profit partners are treated like garbage. PJ just got really vocal about it, and I think it surprised the hell out of New Line. Looking at how he’s already lined up to do THE LOVELY BONES and TINTIN, I don’t think it’s hurt PJ at all. And honestly, I’d rather see those, see him moving forward.

I have a feeling there’s a lot more of this story left to unfold...

Here’s the story.

Drew McWeeny, Los Angeles