'The Hobbit' official
Whoo-hoo ! 'Lord of the Rings' Director Peter Jackson is planning to film 'The Hobbit,' according to this Associated Press article. Jackson is waiting for New Line and MGM, the two studios with rights to the film, to battle it out for rights to make the prequel. Jackson also mentions wanting the movie to feel just like the LOTR trilogy, including having Ian McKellen return as Gandalf.