Filming on The Hobbit is set to begin in February after it was finally given the go-ahead by film studio bosses.-BBC
Warner Bros also announced that Peter Jackson, who directed the Oscar-winning Lord of the Rings trilogy, would helm the two-part prequel.
The films, based on JRR Tolkien's book, had been delayed for months due to MGM Studios' - which owns half the project - ongoing financial woes.
Am I the only one who thinks they are milking this for all its worth? I mean the Lord Of the Rings movies were pretty good but come on this is going a little far.