Guillermo del Toro's forthcoming two-part production of The Hobbit has reportedly been pushed back by one year.
Peter Jackson says filming on the 'Lord of the Rings' prequel will be delayed by a few months next year in a new interview, and the film's release date could be pushed back.
TheWrap broke the news yesterday, citing executives close to the project as being responsible for the delay.
Warner Bros. is now expected to release part one of the film at the end of 2012 and the concluding instalment at the end of 2013. No official release dates have been confirmed as yet.
The budget will now apparently come in at between $200m to $300m.