Jackson said New Line Cinema has the rights to make the movie, but MGM has the rights to distribute it.

"I guess MGM's lawyers and New Line's lawyers are going to have a huge amount of fun over the next few years trying to work it all out," he told reporters recently in Los Angeles, according to AP Radio. "I'm obviously busy for a couple of years on 'King Kong' so those lawyers can just go at it for a long time."