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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared More than 1,000 exposed to dengue in Florida: CDC 13 Jul 2010 New cap test to stem Gulf oil flow delayed | Video 13 Jul 2010 Muslims seek to add holidays on NY school calendar 12 Jul 2010 Facebook fights New Yorker's claim of 84 percent stake 12 Jul 2010 Toyota blames driver error for some unwanted speeding 12:53am EDT Tired Gay succumbs to Dix in 200 meters 03 Jul 2010 UPDATE 1-Toyota blames driver error for some unwanted speeding 12:03am EDT Apple shares slide as iPhone 4 concerns grow 13 Jul 2010 Secretive Mexico copper baron thrives despite crises 13 Jul 2010 UK Stocks -- Factors to watch on July 14 2:08am EDT More than 1,000 exposed to dengue in Florida: CDC 13 Jul 2010 Tired Gay succumbs to Dix in 200 meters 03 Jul 2010 Muslims seek to add holidays on NY school calendar 12 Jul 2010 Euro hovers near two-month high as risk aversion eases | Video 1:39am EDT Libyan aid ship loiters in waters off Gaza: Israel | Video 2:45am EDT Majority of Americans lack faith in Obama: poll 13 Jul 2010 Stage set for final votes on Wall Street reform bill 2:14am EDT Bailed-out small banks face takeover risk: panel 1:01am EDT Cat burglar takes shine to washing-line underwear 08 Jul 2010 Analysis: Mortgage lenders dip toes into job pool 13 Jul 2010 Peter Jackson meeting with "Hobbit" actors Digg This Tweet This Share on LinkedIn Share on Facebook Director Peter Jackson arrives for the premiere of the film ''The Lovely Bones'' in Hollywood December 7, 2009. Credit: Reuters/Jason Redmond Related News Visual effects pioneer Harryhausen turns 90 Wed, Jun 30 2010 "Cloudy" directors play with "Lego" Tue, Jun 29 2010 Bizarre claims keep Jackson's estate lawyer busy Sun, Jun 27 2010 Peter Jackson in talks to direct "Hobbit" movies Sun, Jun 27 2010 UPDATE 3-Icahn critical of possible Lions Gate, MGM merger Fri, Jun 25 2010 Related Topics Fashion » Entertainment » Film » By Borys Kit and Matthew Belloni Tue Jul 13, 2010 10:25pm EDT LOS ANGELES (Hollywood Reporter) - "The Hobbit" still has not been given the official green light, but Sir Peter Jackson is in Los Angeles this week quietly meeting with actors. The New Zealand-based director's casting trip, which also included stops in New York and the U.K., underscores the progress being made on a complex series of deals to bring J.R.R. Tolkien's epic fantasy novel to the big screen. Sources say Jackson's pact with Warner Bros. to direct the two-part "Hobbit" adaptation is close to done, but the sticking point continues to be the dire financial situation at MGM, which holds half the rights to the property. Warners, which is acting as the lead studio on the co-production, is furiously negotiating with MGM, which is being steered by a committee of creditors and financial stakeholders. Even if Warners wanted to fund the films itself, that would require a sign-off from the somewhat rudderless MGM. Jackson, who has been in L.A. since Saturday, is working with casting director Victoria Burrows on assembling what will likely be a large, international cast for the project. "The Hobbit" has so far taken a bumpy road to the screen. Director Guillermo del Toro abruptly left the project in May, citing scheduling delays. Jackson, who directed the megahit "Lord of the Rings" trilogy and was to serve as a producer on "Hobbit," was then recruited to direct the films. But Jackson has expressed his own concerns about timing, privately telling the studios he would not commit to the project unless the films could be fast-tracked and into theaters in 2012 and 2013. Fashion Entertainment Film Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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