Peter Jackson confirmed to direct The Hobbit

Movie fans around the world let out a simultaneous sigh of contentment today... New Line Cinemas announced that Peter Jackson, director of the hugely-successful and critically acclaimed The Lord of the Rings Trilogy, would be producing The Hobbit.

Before The Lord of the Rings, Tolkien wrote The Hobbit, a quasi-prequel set in Middle Earth, focusing on Bilbo Baggins finding the One Ring.
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