Jackson and Raimi to collaborate on The Hobbit

The Hobbit Sci-Fi Wire is reporting that Peter Jackson has settled his differences with New Line Cinema and will executive-produce a two-part adaptation of The Hobbit. The two films will be shot simultaneously with New Line managing their production.

The same site is also reporting that Sam Raimi is expected to direct the film which is expected to start shooting in 2009. The first film should come out in 2010 and the sequel in 2011.

While it is nice to see Peter Jackson back in the Tolkeinesque loop, and while I do think that Sam Raimi could do a lot with this, I can’t help wondering whether The Hobbit really needs to be split into two films.

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