'The Hobbit’ Negotiations'

Guillermo del Toro, of ‘Pan’s Labyrinth’ and ‘Hellboy’ fame, was all set to direct the first installment of the Lord of the Rings series, ‘The Hobbit’, that is until late May when, with nearly no notice, he bailed. He will instead focus all of his energies on his highly anticipated ‘Frankenstein’ remake. OH NO! Who could possibly take his place and make Middle Earth as entertaining as Peter Jackson did the in the original trilogy, why non other than Peter Jackson himself! Jackson has official signed on with MGM to create the series prequel, ‘The Hobbit’.