As Hollywood Insider reported earlier today, Peter Jackson will 
executive produce The Hobbit and a sequel, both set to go into 
pre-production as soon as possible. But although MGM president Harry 
Sloan told Hollywood Insider there was a chance Jackson himself might 
end up directing the films, Jackson’s manager Ken Kamins tells HI that 
was not possible:

“Peter won’t be directing the films because he felt the fans have waited 
long enough for The Hobbit," Kamis said. "It will take the better part 
of every day of the next four years to write, direct, and produce the 
two Hobbit films. Given his current obligations to both The Lovely Bones 
and Tintin, waiting for Peter, Fran [Walsh, Jackson's life/creative 
partner), and Philippa [Boyens, co-writer/co-producer] to write, direct, 
and produce The Hobbit would require the fans wait even longer. By 
serving as executive producers and having approval over all creative 
elements of both films, Peter can ensure that the films will be made 
with the same intimacy and care as if they were writing and directing 
themselves.”

Despite rumors that Sam Raimi, Alfonso Cuarón, or Guillermo del Toro 
will be taking over directing duties, sources say that no decisions have 
been made on that subject, nor has a writer been chosen.

According to New Line co-chief Bob Shaye, the studio plans to meet with 
Jackson in early 2008 and begin the development process. “All decisions 
about writers and directors will be made in conjunction with Peter,” 
Shaye told HI. Another source confirmed that Jackson, Walsh, and Boyens 
will have director, writer, and cast approval.

It will take some time before anyone begins penning a script for The 
Hobbit because of the ongoing writers’ strike and Jackson's schedule -- 
the director is in Pennsylvania shooting The Lovely Bones until 
February. But surely Jackson is planning a big ole bender back in New 
Zealand, right? “Honestly, I haven’t talked to Peter!” said Kamins, 
laughing. “He just got home from Pennsylvania last night!”
http://hollywoodinsider.ew.com/2007/12/no-jackson-will.html

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