But due to location problems, he decided to start with The Lord of the Rings franchise instead.
When Universal cancelled King Kong in 1997, Jackson and Walsh immediately received support from Weinstein and began a six-week process of sorting out the rights.
Jackson and Walsh asked Costa Botes to write a synopsis of the book and they began to re-read the book.
The series received wide praise for its innovative special and visual effects.
With the new developments in computer-generated imagery following Jurassic Park, Jackson set about planning a fantasy film that would be relatively serious and feel real.
By October, he and his partner Fran Walsh teamed up with Miramax Films boss Harvey Weinstein to negotiate with Saul Zaentz who had held the rights to the book since the early 1970s, pitching an adaptation of The Hobbit and two films based on The Lord of the Rings.
Negotiations then stalled when Universal Studios offered Jackson a remake of King Kong.
Weinstein was furious, and further problems arose when it turned out Zaentz did not have distribution rights to The Hobbit; United Artists, which was in the market, did.
By April 1996, the rights question was still not resolved.Jackson decided to move ahead with King Kong before filming The Lord of the Rings, prompting Universal to enter a deal with Miramax to receive foreign earnings from The Lord of the Rings while Miramax received foreign earnings from King Kong.It was also revealed that Jackson originally wanted to finish King Kong before The Lord of the Rings began.The Lord of the Rings (also promoted as The Lord of the Rings: The Motion Picture Trilogy) is a film series consisting of three high fantasy adventure films directed by Peter Jackson. While the films follow the book's general storyline, they do omit some of the novel's plot elements and include some additions to and deviations from the source material.They are based on the novel The Lord of the Rings by J. Set in the fictional world of Middle-earth, the films follow the hobbit Frodo Baggins (Elijah Wood) as he and a Fellowship embark on a quest to destroy the One Ring, and thus ensure the destruction of its maker, the Dark Lord Sauron (Sala Baker). The films are subtitled The Fellowship of the Ring (2001), The Two Towers (2002) and The Return of the King (2003). Considered to be one of the biggest and most ambitious film projects ever undertaken, with an overall budget of 1 million (some sources say 0-0 million), Each film in the series also had special extended editions released on DVD a year after their respective theatrical releases.