TheOneRing.net, a fan site devoted to Peter Jackson and the Lord of the Rings, published a letter today in which Peter and Fran disclose that they will not be directing The Hobbit. This is due to the fact that New Line refuses to settle a dispute about Peter's still unpaid salary for the Fellowship of the Ring. WaPo story here.
Backbenchers in white wigs are standing up and yelling SHAAAAAME!
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