Peter Jackson Says "The Hobbit" is at Least 4 Years Away - BBC News

According to this article, here's Peter Jackson's take on the feasibility and time table of making The Hobbit into a film: "The Oscar winner said on a visit to Sydney there was a "desire" to make it, but not before lengthy negotiations. 'I think it's gonna be a lot of lawyers sitting in a room trying to thrash out a deal before it will ever happen.'"
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