Guillermo Del Toro Is directing ‘The Hobbit’!

The news that everyone was betting their One Rings on has finally been confirmed yesterday after Variety have reported that Guillermo Del Toro will be directing ‘The Hobbit‘. The announcement was made by the original master of Middle Earth, producer Peter Jackson, co-producer Fran Walsh, New Line President, Toby Emmerich and recently titled chief of MGM‘s Worldwide Motion Picture Group, Mary Parent. Del Toro will direct two films back to back with second instalment focusing on the 60 year space between ‘The Hobbit' and ‘The Lord of the Rings: The Fellowship of the Ring‘, a demanding job that will lead Del Toro to move over to New Zealand for four years – cripes! After the post production of ‘Hellboy II‘ is polished off Del Toro will be on his merry way to crack on with ‘The Hobbit' with a released date planned for 2011 and 2012.