Hellboy 2
, del Toro will move to New Zealand for the next four years to work with
Lord of the Rings
director Peter Jackson, who will be co-executive producing the new films, and his Wingnut and Weta production teams. The new films will be shot back to back, and the sequel will deal with the 60-year period between
The Hobbit
and the beginning of the Lord of the Rings trilogy.
New Line is overseeing development and will manage production. The films are being co-produced and co-financed by New Line Cinema and MGM, with Warner Bros. distributing domestically and MGM handling international.
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