A new video from Youtube might in fact confirm what we've all been waiting to hear: Guillermo del Toro may very well indeed be directing both of the upcoming The Hobbit films for New Line Cinema. The One Ring.net has also had this news confirmed by an inside source.

Word on the street is that he hasn't signed a deal yet, but there is a gentleman's agreement in the works that has him 99% attached to the two back-to-back prequels. We should see an official statement once the WGA ends their strike. The One Ring's source said that Howard Shore's involvement was instrumental in this particular agreement between New Line and del Toro. This means that Shore will be back to do the score.

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To see del Toro confirmed, click on the video clip below:

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