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  Legal delays hold up Hobbit film
Updated 06 March 2004, 12.42
Peter Jackson
A film of the Hobbit, the prequel to the Lord of the Rings, is being held up by a legal tangle between two film studios, said director Peter Jackson.

Jackson said that although New Line Cinema has the rights to make the film, MGM has the rights to distribute it.

He said: "Their lawyers are going to have a huge amount of fun over the next few years trying to work it all out."

Fresh from winning the Oscar for best director, Jackson is now remaking King Kong, due out in 2005.

Ian McKellen as Gandalf
Ian McKellen as Gandalf
The Return of the King got a record 11 Oscars at the recent Academy Awards.

Jackson said if he makes the Hobbit, he'd like it to fit in with the other films.

He said: "I'd want Ian McKellen to be back as Gandalf, I'd want it to feel like it was part of the same mythology."

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