Article: Del Toro's hobbits.(Goodlife Tabloid)

It's been rumoured for ages, but now it's official. Peter Jackson and the production team behind the Lord of the Rings legacy have tapped Guillermo del Toro to direct The Hobbit and its sequel, The Hobbit 2.

The first film based on JRR Tolkien's beloved book of the same name was confirmed by Jackson and Fran Walsh, executive producers of the films, as well as New Line Cinema's Toby Emmerich and MGM chairman Mary Parent.

"We have long admired Guillermo's work and cannot think of a more inspired film-maker to take the journey back to Middle-earth," Walsh and Jackson said in a statement. "We are delighted The Hobbit is in such trustworthy hands.

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