Peter Jackson Finally Agrees to Direct the Hobbit

If they had just started here in the first place they maybe could have avoided some of the turmoil that’s been going on with this project. The Wrap reports that “‘The Hobbit’ has been greenlit and will start production in February, an individual close to the production has told TheWrap.

“As TheWrap reported previously, Peter Jackson has agreed to direct the film in addition to producing and writing the two-part project.

“In the agreement completed this week, Jackson’s deal was finalized and MGM and Warner Brothers agreed to give the project its long-awaited greenlight.”

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Source: The Wrap