Hobbit film

From the Let the Hobbit film happen site, the year will be 2009. But of course you have heard that Peter Jackson will not have anything to do with the film unless New Line pays him for the Trilogy. I would hope that New Line would see the amount of money that could be made with Peter at the helm. They must have made a mint off of the first 3. I imagine that they are still pulling in some heavy earnings from all the licensing that has happened. Anyway, we can write a letter to New Line and hope for the best. Cheers