This Fanboy Gets a Christmas Present

Peter Jackson, who directed the Lord of the Rings trilogy, will serve as executive producer for The Hobbit.

Bilbo Baggins is finally progressing on his most fraught journey — landing a leading role on the big screen. After three years of legal wrangling and public sniping, director Peter Jackson and New Line Cinema have reached an agreement to make J.R.R. Tolkien’s The Hobbit, the prequel to the Lord of the Rings blockbuster trilogy that made nearly $3 billion at the box office and earned 17 Oscars. The Hobbit is Tolkien’s most accessible and popular book, a fairy tale about the reluctant adventurer Baggins, who embarks on a trip with 13 dwarves and the wizard Gandalf.

Jackson, who directed the Rings trilogy and inherited creative stewardship of Tolkien’s massive fan base, will serve as executive producer for The Hobbit with his wife, Fran Walsh. A director and screenwriter will be chosen in the New Year, when Jackson and Walsh meet with the studio heads. MGM, which owns the distribution rights to The Hobbit, will co-finance and co-distribute. (more)

I stopped paying attention when the post-Rings acrimony broke out between Jackson and New Line regarding the production of The Hobbit. This is likely old news to hard-core Ringers, but is great news to me.

I saw it in a sidebar whilst looking at Time Magazine’s Man Person of the Year story.