New Line boss: 'Jackson will never make The Hobbit'

Head of film studio New Line Bob Shaye insists 'The Lord of the Rings' Oscar winner Peter Jackson will never be allowed to direct 'The Hobbit' while he is at the company.

Jackson and his production company Wingnut Films are currently embroiled in a legal dispute with New Line Cinema over royalties from The Lord Of The Rings trilogy. And the lawsuit has enraged the film studio so much they won't allow the Jackson a chance to the upcoming fantasy prequel.