The Hobbit is the first of three instalments based on the novel by JRR Tolkien.
The amount paid as pension, both the lump sum and the monthly instalments, is based on the salary level and the number of years of service.
The latest instalment - reportedly based on an idea from Scott, who will also produce the new film - has been written by Hampton Fancher, who co-wrote the original screenplay.
This week GROVESTREET, real name Jamie Smith, steps up to the plate for the seventh instalment of London based club label Trax Couture's World Series, errr, series.
His signing-on fee was reported at the time as being £1,000, plus two further instalments of £1,000 based on appearances.
The 17-year-old will also write the first single on the official album for The Hunger Games: Mockingjay - Part 1, the third instalment in the series based on Suzanne Collins' best-selling books.
Paramount's choice to green-light a follow-up comes as a bit of a surprise, considering the first instalment in the series – based on the popular novels by Lee Child – didn't even manage to break $100m in the States.
As early as 1914, films were being made in Bradford (notably the first instalments in a series based on the Captain Kettle books by C J Cutliffe Hyne).
He's been filming the final instalment of the hit franchise based on the J K Rowling novels for just over a year now.
The next instalment in the hit franchise, based on Suzanne Collins' bestselling novels, will see heroine Katniss Everdeen, played by Jennifer Lawrence, find herself in District 13 after destroying the Games forever.
