Peter Jackson to direct Hobbit - yay!
Some might consider this off-topic, but I think most of the regulars will take it as a current event:
After publicly feuding for more than a year, “Lord of the Rings†director Peter Jackson and New Line Cinema have reached agreement to make J.R.R. Tolkien’s “The Hobbit,†a planned two-film prequel to the blockbuster trilogy.
MSNBC