From IMDb News:

Filmmaker Peter Jackson has signed on to produce two movies based on author J.R.R. Tolkien’s The Hobbit, after resolving his legal feud with studio bosses over unpaid royalties. Jackson has been involved in a long and bitter despite with bosses at New Line Cinema after claiming he had not been properly paid following the success of the Lord Of The Rings trilogy, which he directed. But Jackson has now settled the disagreement and has confirmed he will be on board for the two new films, both of which are prequels to the Lord Of The Rings. He says, “I’m very pleased that we’ve been able to put our differences behind us. We are delighted to continue our journey through Middle Earth.”

More is right with the world than was a day ago. Write on!

Therese Walsh co-founded Writer Unboxed in 2006. Her debut novel, The Last Will of Moira Leahy, sold to Random House in a two-book deal in 2008, was named one of January Magazine’s Best Books of 2009, and was a Target Breakout Book in 2010. She's never been published with a lit magazine, but LOST's Carlton Cuse liked her haiku best on Twitter, and that made her pretty happy.
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