We reported on Friday that Peter Jackson seemed poised to take over the directing duties from Guillermo del Toro on a highly-anticipated film and now it seems that report may have been premature. Ain't It Cool News reported over the weekend that Jackson hasn't entered into any talks to direct The Hobbit and The Hobbit Sequel. Here's an excerpt from the site's article.

The only quote that I'll attribute to my source, whom I'll call "DEREK", when I asked if he was directing, "No, nothing has really changed - I've always said that me directing was one option, and so that's not really news. The studio are working out what that deal would look like, because how else do they know if it's a viable option? But it's honestly one of several different options - many irons are in the fire right now. What's of great concern to everyone right now is trying to stay on schedule and not slip back another year, because we will start losing people - and that's increasingly difficult as each day passes. A lot of people - both film makers and studios are working very hard right now, trying to get a positive outcome here."

We'll be sure to keep you posted with any further details on The Hobbit and The Hobbit Sequel as soon as we have more information.