Guillermo del Toro to head “The Hobbit”

Its official as of last Thursday Guillermo del Toro the mastermind behind “Pans Labyrinth” will be directing “The Hobbit” and a second movie that will bridge “The Hobbit” and “Lord of the Rings.”
“I am indeed blessed to become a part of the filmmaking community that Peter, Fran and their extraordinary team of collaborators have created in New Zealand. Contributing to the ‘Lord of the Rings’ legacy is an absolute dream come true,” del Toro, 43, said in a statement, according to the Associated Press.
Filming is rumored to begin later next year, with theater releases in 2010 and 2011. Being a huge “Lord of the Rings” fan I am saddened to see that Peter Jackson will not be directing, however he will be a co-producer so he will still be involved in the moves.