ENTERTAINMENT WEEKLY: So where do things stand with you directingThe Hobbit?

But other than that, frankly its all immaterial until everything is signed and put on paper.

Is the folding ofNew Line Cinema into Warner Bros. holding things up?

deltoro

But the fact is [the movie is] a huge endeavor.

Its about a half-a-decade of commitment.

Its two movies back-to-back that are massive.

So a lot has to be sorted out.

All I can say is, creatively we are all in sync and eager to commit and move forward.

Does it look like its getting any closer?

It does, it does.

Its a little bit of a tango, a couple of steps forward, a couple of steps back.

But at the very least, I have the illusion of movement.

[Laughs]

Do you think it will all be resolved by, say, the summer?

I would hope so.

I would be overjoyed if its sooner that that.

If it happened, we would definitely make public the [production] calendar.

Is one of the elements of the negotiation your involvement with the script?

Oh, no no no.

That is pretty much sorted out.

I will be involved, and so will the original team in some capacity.

Theres no discussion about that.

Its more the planning of it, the calendar, but nothing as major as that.

I cannot comment on specifics, but yes.