I can't see it being made in a hurry - still uncast as far as we know and now no director. And if even Bond is being delayed then even commerciality won't guarantee a film being made if it is going to need a big budget. Not that I ever thought that the film wouldn't be market orientated since that was used as the justification for all the changes to LOTR.
And since LOTR came out tweenage fantasy has turned out not to be an infallible cash cow - I am sure that the last Harry Potters will be fine but not much sign of the remaining Narnia or Dark Materials happening - and neither is Jackson after The Lovely Bones.
I really hope that a completely fresh approach is given. It is long enough now - after all there is a generation of children who weren't born when LOTR was released who are now the perfect age for a children's movie of The Hobbit - would it be such a bad thing if it were made as such rather than as a prequel to Jackson's LOTR?
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