From stuff.co.nz:
http://www.stuff.co.nz/4496833a10.html
Hellboy and Pan's Labyrinth director Guillermo del Toro will spend four years in New Zealand making two films based on The Lord of the Rings prequel The Hobbit, it was confirmed today.
http://www.stuff.co.nz/4496833a10.html
What is a "hobbit?" Is that what a nun wears?
I think there might be fanboy drool on the keyboard.
I'm looking forward to "The Hobbit 2: Bilbo In Manhattan". ;-P