The Hobbit Director Pulls Out, Is MGM’s Imminent Bankruptcy to Blame?

By admin • June 9th, 2010

For years, Mexican director Guillermo Del Toro was wrongly pointed out as the culprit behind the terminally stalled Hobbit film. The real fault lies with MGM Studios, which is so close to bankruptcy that it can’t afford its biggest box-office assets.  Though Del Toro has been attached to and

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