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Film News: Assets on block include ‘Hobbit,’ James Bond — The long-running drama over the fate of MGM will last a little longer.

Film News: New Line hasn’t officially announced start date — Ian McKellan is predicting that the first of the two “Hobbit” films will start shooting in July, even though New Line hasn’t officially greenlit the pics.

Film News: New Line hasn’t officially announced start date — Ian McKellan is predicting that the first of the two “Hobbit” films will start shooting in July, even though New Line hasn’t officially greenlit the pics.

Film News: With a tighter focus, Toby Emmerich readies a pair of “Hobbit” pics — Two years ago, the 40-plus-year run of New Line as a largely autonomous film entity came to an abrupt end.