THE HOBBIT Movies; Don’t Hold Your Breath UPDATED

The long-delayed movie (actually, movies, since it is planned as two films) of The Hobbit is facing more delays. At the end of May, Guillermo del Toro resigned as director, due to the delays caused by MGM’s debt problems.

Yesterday, the film news blog TheWrap reported that David Yates’s (Harry Potter and the Deathly Hallows) says rumors that he will direct are “not true at all.”

Further, the project has not yet received the greenlight from the studio.

UPDATE: Deadline Hollywood reports that Peter Jackson, who directed Lord of the Rings, will direct.

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