Image Source: Official Hobbit Movie Blog.
Fantasy films enjoy their own special brand of development hell. The Hobbit is coming out in December of this year, after a decade of delays. The Elfquest movie has been in and out of development for about as long as Elfquest itself has existed (est. 1978). In January 2012, Bleeding Cool reported that Time-Warner, beloved overlord of DC Comics' nu direction, has shelved the Elfquest film because they don't want The Hobbit to overshadow it. Apparently, the world can only handle one film with elves in it at a time. The Pinis, two of my favourite Boomers who brought their ideals to life, remain philosophical. They are producing a new series called Elfquest: The Final Quest. Wendy Pini responded on Facebook with Cutter's and Skywise's reaction from Beverly Hills.
Image Source: Bleeding Cool.
Other posts on J. R. R. Tolkien are here; posts on Elfquest are here, here and here.