This news makes me happy. All those far more interesting GdT projects that could be better served with the mans time and attention over a needless ‘prequel’ (in two, possibly 3D films, no less) to the complete-on-its-own Lord of The Rings. Nobody wants to see a fine fantasy auteur waste his time on a cash cow. I am probably wrong on that last bit, but ah well. Hopefully some good and interesting cinema ahead from the big Mexican.
You want all the details, TheOneRing.net has ‘em.
Resident culture snob.