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Little more info on the Hobbit movies

When we heard that Guillermo del Toro (Pan's Labyrinth) will be directing the Hobbit movie, we thought that might mean that Peter Jackson was no longer involved, but it looks like he still will be at some level ("Executive producer").

Also some info and speculation on the planned sequel to the Hobbit movie:

Of the greatest concern is still the mystery-shrouded "sequel" to The Hobbit, which apparently takes place between the Battle of the Five Armies and Bilbo Baggins' birthday party. With Ian McKellen on board as Gandalf we'd watch anything, but there doesn't seem to be an obvious moment in the history to end with a triumphant reception at the White Tower. Given the crying game of Pan's Labyrinth, don't be too surprised if there are some sad tear-jerking moments in between happy hobbit dancing and the wailing of the wargs.