“The Hobbit” (finally) gets a Greenlight for production
After suffering setbacks due to legal issues, economic hardships and even part of a New Zealand workshop burning down, fans of Middle Earth have something to get excited about. TheWrap has it that MGM, New Line and Warner Bros. are all confirming “The Hobbit” has been greenlit to start production in early 2011 and that Peter Jackson will be directing both films (the book being split into two parts).