Boo. No Hobbit in 2011. I was really looking forward to seeing this next Christmas (Well 2 from now). They don’t even have a confirmed Bilbo Baggins yet, so I guess this comes as no surprise.
Variety gives us the story:
Warner Brother’s President Horn won’t predict when the first of the two “Hobbit” films will be out, but says the most probable scenario would be a release in the fourth quarter of 2012.
“It’s a big bet for us. But it’s one we think will pay off given the success of ‘Lord of the Rings,'” says Emmerich. “This is one of the few movies it feels like people are waiting for.”
So probably December 2012. This is good news that we will be able to see Part 1, the bad news is, accordian to the Mayans, we will all be dead and never be able to see Part 2.