Bilbo Baggins seems to have used his Halfling Improved Evasion feat to dodge another threat to his feature film return. Motion picture studio Metro-Goldwyn-Mayer has, at least temporarily, staved off a bankruptcy that might have derailed plans for the two-part, Peter Jackson-produced adaptation of The Hobbit scheduled to begin production next year.
The Lord of the Rings had a positive impact on independent and foreign-language film markets around the world. Shortly after a major slump hit those markets in 2001, the first part of the trilogy pumped money into the overseas distribution companies that had helped finance LOTR. They in turn put that money into buying more films, helping bring the slump to an end.
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