New Zealand PM Bids to Save 'The Hobbit'

WELLINGTON, New Zealand—The prospect of losing a two-part, US$500 million "Lord of the Rings" prequel has prompted New Zealand Prime Minister John Key to act.Just four months before principal photography was due to begin, director Peter Jackson warned Thursday that Time Warner Inc.'s New Line Cinema will move production of the "The Hobbit"--beset by labor uncertainly--out of the country. New