The Wrap is reporting from an unnamed inside source that
The Hobbit has now gotten its official greenlight and that Peter Jackson officially holds the title of not only producer and writer, but director as well. The article says that the production is scheduled to begin in February, but they haven't yet confirmed who will take the lead role of Bilbo Baggins (though Martin Freeman has been heavily rumored). Jackson is, of course, the second director to be named for the project after Guillermo del Toro dropped the project in May.
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