It's Official

Guillermo Del Toro will direct The Hobbit:

Del Toro, whose credits include "Pan's Labyrinth" and "Blade II," will move to New Zealand for the next four years to work on both "Hobbit" films with executive producer Peter Jackson, who directed all three "The Lord of the Rings" movies, according to New Line Cinema and Metro-Goldwyn-Mayer Studios.

--Reuters