I couldn’t ask for a better Christmas present: Peter Jackson and New Line Cinema have reached agreement to make J.R.R. Tolkien’s “The Hobbit”
Jackson said: “We are delighted to continue our journey through Middle Earth.“
Two “Hobbit” films are scheduled to be shot simultaneously, similar to how the three “Lord of the Rings” films were made. Production is set to begin in 2009 with a released planned for 2010, with the sequel scheduled for a 2011 release.