Both TheOneRing.net and Entertainment Weekly are reporting that writing has begun for The Hobbit, targeted for a December 2011 release, and its sequel, coming December 2012.
“The Lord of the Rings” screenwriting team of Peter Jackson, Fran Walsh, and Philippa Boyens have joined director Guillermo del Toro to write the screenplays for the two planned movies.
Shooting is expected to start at the earliest in the fall of 2009 in New Zealand.