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Ian McKellen Ready to Abandon 'The Hobbit' 
Actor says he won't wait forever
By Robert Falconer | Tuesday, July 6, 2010
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In an interview with New Zealand's Good Morning show (reported by The Playlist), Ian McKellen stated pretty plainly that he will not wait forever to portray Gandalf The Grey in 'The Hobbit' prequels.

"Well, I'm not under contract and my time is running out and I'm enjoying working in the theater and frankly, I would like to race after doing 'Waiting For Godot,' get on with doing another play but we'll have to see,"
McKellen said. "I don't want to give [The Hobbit] producers the impression that I'm sitting waiting."

Peter Jackson, who is circling directorial duties on the films, has previously indicated that the project needs to stay on schedule or it risks losing many of the key actors, which would delay the movies by at least a year.

Whether or not MGM can sort out their debt issues in time and keep 'The Hobbit' on schedule is unknown, but the project seems to be teetering on the brink at this point.

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