Last month I told you that Guillermo del Toro had stepped down from directing The Hobbit.
Well, The Hollywood Reporter's Heat Vision is now reporting that negotiations to bring Peter Jackson to the helm have been already going on for about a week or two.
Warner Bros./New Line seem to be having trouble with third partner MGM though, which owns the rights to The Hobbit, and are in a shaky financial situation, which could delay production.
Jackson still hopes to push up the production dates for the 2 films to 2012 and 2013, respectively.
We'll keep you updated as more news comes out.
