Peter Jackson and Fran Walsh along with executives from New Line Cinema and MGM have announced that Guillermo del Toro will direct The Hobbit movies. Peter and Fran said “We have long admired Guillermo’s work and cannot think of a more inspired filmmaker to take the journey back to Middle-earth. We are delighted ‘The Hobbit’ is in such trustworthy hands.” You can read the full story here.

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