— RINGS REDUX We bring you news all the way from Middle-earth. Sir Ian Holm, who plays hobbit Bilbo Baggins in The Lord of the Rings: The Fellowship of the Ring, may not appear in the sequel, but don’t count him out of the trilogy totally. ”I probably shouldn’t say this, but I’m back in three…as a very old man,” says Holm. ”Bilbo just suddenly appears at the end of the movie and says, ‘I’m ready for another adventure.’ He goes off with Frodo into the sunset.” Sounds slightly hobbo-erotic to us.
— WHAT A RELEASE Seems like almost anyone can make a movie these days, but writer-director David Jacobson not only shot but actually distributed his own movie, Dahmer, which stars Jeremy Renner as the serial killer. After festivals and studios passed on the independent drama, Jacobson took $100,000 from a deal with Blockbuster for the video rights, and secured screens at New York’s Angelika and L.A.’s Sunset theaters. The $1 million film — which was well received by critics — opened two weeks ago and performed successfully enough that it will expand to Chicago and San Francisco on July 12. ”For a project with such a stigma,” says Jacobson, ”it’s a shocker.”
— VAMPIRE SLAYER Sarah Michelle Gellar thinks the idea of another Buffy movie bites big-time. ”It didn’t work,” she says of the 1992 dud that inspired her hit series. ”We battled for so long to get out from underneath that failure.” While Gellar has no qualms about sticking her neck out for a Scooby-Doo sequel, another Buffy would be ”a slap in the face to fans who will think, ‘Oh, they’re on to bigger things.”’ How bloody thoughtful.