The film based on JRR Tolkien’s
The Hobbit is all set to become the most expensive film ever made. Sir Peter Jackson’s cinematic rendition, the two-part precursor to
The Lord of the Rings biopic trilogy, will cost $500 million.
The entire three-part
The Lord of the Rings –
The Fellowship of the Ring,
The Two Towers and
The Return of the King – had cost $281 million in contrast. If all goes according to plan, the first part of
The Hobbit will open in December 2012, with the second following a year later.
The...