Peter Jackson may direct The Hobbit films after all

After Guillermo del Toro stepped down from directing the Hobbit film, fans went insane. Especially when the name Brett Ratner was cruelly tossed around as a replacement. But it looks like Peter Jackson is stepping in to save the day.

THR is reporting that Jackson is currently in negotiations to direct the film and pick up where GDT left off back in May:

But since his departure, Warner Bros. and New Line, which run point on the production over partner MGM, never did a full-on search for a director, even as some names surfaced as possible contenders. Why? Because Warners/New Line was saving most of its energy trying to woo Jackson back to Middle-Earth.

It's the best idea we've heard yet. Let's hope Jackson can pull himself away from Tintin.