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(Image from article: "'The Hobbit' will stay in New Zealand, prime minister says")

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'The Hobbit' will stay in New Zealand, prime minister says

"The Hobbit's" New Zealand saga finally appears to be over. The nation's prime minister, John Key, announced Wednesday that his government had reached an agreement with the producers of the two "Hobbit" movies to keep the $500-million production in his country.

Hobbit talks end without decision

Talks between New Zealand's prime minister and Warner Brothers over the filming of The Hobbit end with no decision on where filming will take place.

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