Its a done deal and as Guillermo promised last week, the announcement has just been made via Variety.com
As expected filming will once again be in New Zealand and Del Toro said he would be moving to New Zealand for 4 years while filming the 2 movies so we can expect the first Hobbit movie around Christmas 2011 and the second Hobbit movie the following year.
No suprises then in the announcement with Weta doing all the effects again and the same script team that did Lord Of The Rings will be working with Del Toro, that being Jackson, Walsh and Philippa Boyens.
He leaves for New Zealand once production is complete on his present movie Hellboy 2.
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