'Hobbit' drama: Jackson to direct?

Over the last four years, there has scarcely been another project in Hollywood that has been more highly anticipated -- and has weathered more back-room corporate wrangling -- than "The Hobbit." So when filmmaker Guillermo del Toro ("Pan's Labyrinth," "Hellboy") announced he was dropping out of directing the two films planned for J.R.R. Tolkien's literary preamble to "The Lord of the Rings," the news served as both a shock to fans and yet another possible casualty in the sad ongoing saga of MGM ...

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