Hellboy0101 writes "News.com.au is reporting that New Line Cinema is currently in talks to purchase the rights to the film adaptation of The Hobbit. There are apparently some difficulties with getting the go ahead from Tolkien's son Christopher, who is executor of the estate. When asked if New Line has approached him about the project, Jackson said he has not ruled it out, but not until after King Kong is done. 'New Line, which spent $US300million ($415 million) making the films, is already planning to continue its Rings success with an adaptation of Tolkien's novel The Hobbit. More difficulties with the Tolkien estate were looming, said Jackson, who added that he would be keen to get involved after he finishes remaking King Kong in 2006. "New Line haven't actually talked to me about The Hobbit. I know there's difficulty about the rights, certainly if they want to talk to me about it I'd be keen," he said.'"