Go to the OneRing.net for more details.
My own feelings about this. THIS SUCKS!!!!
This news brings a great a deal of sadness to the fans of LOTR.
Does New Line/MGM really think that they can get a substitute for
the genius that is Peter Jackson. GEEZ !!!
Well maybe the fans of the LOTR movies and Peter Jackson can get together and demand that the Hobbit be made by Peter Jackson. There are fans all over the world who can make their voice heard about this. Petition New Line, MGM, online, by mail. Peter Jackson made the world of Middle-Earth come alive on the big-screen with LOTR. We all know he could do it again with the Hobbit.
The Hobbit without Peter Jackson??? The film wouldn't be worth a if Jackson is not the director.