Return of the "King"?

Peter Jackson, director of the Lord of the Rings films, is returning to the next Rings film, only, not as director. The next film, The Hobbit, is the prequel to The Lord of the Rings and was the first of the series that J. R. R. Tolkein. The book will be split into two films, which will be executive produced by Jackson. The films will be directed by Guilmermo del Torro, who has directed by Pan's Labyrinth and Hellboy. The film is slated for release in 2011.