So, I was trying to get some other stuff done during the long Memorial Day weekend and thinking I could take a break from constantly monitoring the news as surely nothing earth shattering would happen in the movie world over the three days. However, all it took was one quick look to find I was late to learn of the geek movie bombshell of all time, or at least this month.
Via Mike Fleming and Anne Thompson comes the following: it seems that MGM’s serious fiscal troubles have delayed things as long as cowriter-director Guillermo del Toro’s insanely busy career can stand. Therefore, despite the huge amount of preparation that’s already been done, he is stepping aside as director of the two-planned films of J.R.R. Tolkien’s “The Hobbit,” the “Lord of the Rings” follow-up inspired by the children’s novel that preceded the literary LOTR, later turned into the glorious three part epic directed by Peter Jackson. Del Toro will, however, continue working on the screenplays for the upcoming films.
Del Toro — one of my favorite filmmakers now working and, by all accounts and signs, a real stand-up guy — gave the bad news, alongside Peter Jackson, to those who care most, the devoted fans of the late author J.R.R. Tolkien, at theonering.net. It’s definitely being portrayed as the most amicable of semi-partings with both del Toro and Peter Jackson, the LOTR director who’s been overseeing the entire Tolkien project, chiming in. Here’s part of del Toro’s statement:
“After nearly two years of living, breathing and designing a world as rich as Tolkien’s Middle Earth, I must, with great regret, take leave from helming these wonderful pictures. I remain grateful to Peter, [co-writers] Fran [Walsh] and Philippa Boyens, New Line and Warner Brothers and to all my crew in New Zealand. I’ve been privileged to work in one of the greatest countries on earth with some of the best people ever in our craft and my life will be forever changed. The blessings have been plenty…Both as a co-writer and as a director, I wish the production nothing but the very best of luck and I will be first in line to see the finished product.”
Guessing about who the replacement director has already started. Early word is that it likely will not be the obvious choice, Peter Jackson, who it’s safe to say, has done enough for the Tolkien legacy — though Anne Thompson reports he told a New Zealand newspaper he would consider doing it if he had to “to protect Warner Brothers’ investment.” At this point, I’d say so many different things could happen it’s useless to speculate, but that won’t stop anyone.
If you’re even a halfway serious film fan, you may have noticed that directors like 
