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Old 03-31-2010, 10:50 PM   #441
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More Updates on MGM

March 31st, 2010 by Altaira | Discuss

Message board members Pipe Dream and macfalk have unearthed more breaking news regarding MGM’s financial woes. A Business Week/Bloomberg update announced that billionaire Len Blavatnik’s Access Industries may drop out of the bidding, having received no response to-date from MGM or its creditors regarding its restructuring proposal. Another interesting development was published today at Variety: with MGM’s latest extension on its debt servicing payment scheduled to run out today, MGM’s creditors granted yet another extension; this one for 45 days (expiring May 14).

From both articles: lenders have deemed the current offers too low, a person with knowledge of the deliberations said last week. MGM debtholders are said to be split into two camps — one that wants to accept the best offer; and the other that wants to prolong the process in hopes of keeping the studio alive. The remaining binding offers for MGM are believed to be in the $1.5 billion range, far below the $2 billion threshold price sought by MGM and its debtholders. MGM put itself up for sale in November, drawing a trio of binding offers two weeks ago. Lionsgate bailed out of the bidding last week, leaving only Time Warner and Len Blavatnik’s Access Industries in the running.

As we reported in this TheOneRing.net exclusive, inside sources tell us that moving forward with production of The Hobbit hinges on developments with MGM. So stay tuned here as we continue following the MGM saga closely.

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Old 03-31-2010, 10:59 PM   #442
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Originally Posted by Grand Bob View Post
I assume that since they have beards and still attract dwarf men, either they have dynamite bodies or are great cooks.
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Old 04-01-2010, 12:38 AM   #443
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Originally Posted by Grand Bob View Post
I assume that since they have beards and still attract dwarf men, either they have dynamite bodies or are great cooks.
Yeah but, what would be dwarf cooking?
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Old 04-01-2010, 12:55 AM   #444
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Originally Posted by P@t_Mtl View Post
Yeah but, what would be dwarf cooking?
If Thorin speaking in "The Hobbit" is any indicator, we know at least what they like for breakfast:

"I like six eggs with my ham for breakfast, when starting on a journey: fried not poached, and mind you don't break 'em."
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Old 04-01-2010, 12:58 AM   #445
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Originally Posted by Grand Bob View Post
If Thorin speaking in "The Hobbit" is any indicator, we know at least what they like for breakfast:

"I like six eggs with my ham for breakfast, when starting on a journey: fried not poached, and mind you don't break 'em."
That's got to be hard on the cholesterol

Wish I could join you guys on the reading but I am right into The First Men In Rome series and these are quite an adventure just by themselves. My Tolkien annual reading is usualy at the start of September
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Old 04-01-2010, 01:21 AM   #446
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Originally Posted by P@t_Mtl View Post
That's got to be hard on the cholesterol

Wish I could join you guys on the reading but I am right into The First Men In Rome series and these are quite an adventure just by themselves. My Tolkien annual reading is usualy at the start of September
Hopefully the group will still be together by then. If the interest is there, I would imaging the Hobbit will be next.
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Old 04-01-2010, 01:22 AM   #447
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That is not encouraging about MGM. It would be a real downer if The Hobbit is postponed because of their financial complexities.
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Old 04-01-2010, 02:02 AM   #448
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That will be a negative aspect of The Hobbit compared to LoTR: no female main characters.
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Originally Posted by P@t_Mtl View Post
Yep. It's the reason they had to expand the roles of Arwen & Eowyn for the movies, cause in the books, they do very little.
Since PJ has more creative control over this project than he did with LotR, it's also very unlikely that the studio will be able to pressure him to add or expand female roles like they did when he was filming LotR.

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They might add a female to the White Council, maybe make Radagast into a woman. That wouldn't really bother anyone except Tolkien purists.
Galadriel is on the White Council.
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Old 04-01-2010, 02:17 AM   #449
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He's not a living person so I doubt he really minds.


I wouldn't either, I've always been rather attracted to Liv Tyler.
Galadriel > Arwen
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Old 04-01-2010, 02:45 AM   #450
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Originally Posted by teracore View Post
Galadriel > Arwen
Well, I don't know if I'd say that...
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Old 04-01-2010, 03:16 AM   #451
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Galadriel is on the White Council.
Haven't seen anything about Cate Blanchett's involvement. That would be a pleasant surprise.
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Old 04-01-2010, 05:39 AM   #452
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Haven't seen anything about Cate Blanchett's involvement. That would be a pleasant surprise.
I didn't even know there were Elvish wizards in Middle Earth! Well none that were on the White Council anyway.
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Old 04-01-2010, 10:41 AM   #453
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I didn't even know there were Elvish wizards in Middle Earth! Well none that were on the White Council anyway.
The White Council consists of more than just the Five Wizards. It also includes some elves.
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Old 04-01-2010, 02:28 PM   #454
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Originally Posted by Wolverine1980 View Post
I didn't even know there were Elvish wizards in Middle Earth! Well none that were on the White Council anyway.
The wizards were not Elves, but Maiar (angelic beings) and did not appear on the Middle-earth scene until about 1000 years into the Third Age. They were originally from Valinor; Gandalf, whose real name is Olorin, originally resided at the gardens of Irmo in Valinor. The White Council that occurred during the time period of 'The Hobbit' probably consisted of Saruman (head of the council), Gandalf, Galadriel, Elrond, Cirdan of the Grey Havens, and most likely Celeborn, Radagast, and some of Elrond's councillors (e.g. Glorfindel, Erestor).
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Old 04-01-2010, 02:29 PM   #455
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Originally Posted by Grand Bob View Post
The wizards were not Elves, but Maiar (angelic beings) and did not appear on the Middle-earth scene until about 1000 years into the Third Age. They were originally from Valinor; Gandalf, whose real name is Olorin, originally resided at the gardens of Irmo in Valinor. The White Council that occurred during the time period of 'The Hobbit' probably consisted of Saruman (head of the council), Gandalf, Galadriel, Elrond, Cirdan of the Grey Havens, and most likely Celeborn, Radagast, and some of Elrond's councillors (e.g. Glorfindel, Erestor).
What he said
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Old 04-01-2010, 07:33 PM   #456
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Originally Posted by Grand Bob View Post
Eventually, WB will botch the BD release by applying DNR to it. I don't know why they are bothering to make the movies in the first place.
And then we'll have a 10,000 post thread on this site with endless arguments about it. Even if the PQ is 4.5 out of 5, some people will complain that it isn't a 5.
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Old 04-01-2010, 07:34 PM   #457
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I will only if Bill Hunt doesn't review the set. He'll probably give it a positive review, knowing full well that it has just as much DNR as Gladiator.
Do I detect a note of mocking sarcasm or parody?
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Old 04-01-2010, 07:41 PM   #458
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If the White Council is shown, he could be included. His inclusion would even be more logical from the standpoint that his residence is right in the middle of the action at Rhosgobel, located between where Gandalf leaves the Dwarves at the entrance to Mirkwood, Lothlorien, and the Necromancer's (Sauron's) abode.
What I want to know is if I, I mean Radagast, will be mentioned by Gandalf when they meet Beorn?
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Old 04-01-2010, 07:44 PM   #459
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What I want to know is if I, I mean Radagast, will be mentioned by Gandalf when they meet Beorn?
I would think so, because it is by mentioning Radagast that Beorn adopts an initial favorable attitude about Gandalf.
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Old 04-01-2010, 08:07 PM   #460
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And then we'll have a 10,000 post thread on this site with endless arguments about it. Even if the PQ is 4.5 out of 5, some people will complain that it isn't a 5.
Hopefully that won't happen to this thread. The Hobbit is lighter subject matter than LoTR, so maybe that will help people adopt a more casual attitude.
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