Sir Peter Jackson says he will step into the breach and direct The Hobbit himself if it becomes the only way to ensure the US$150 million (NZ$219m) film is made after the sudden departure of director Guillermo del Toro.

Wellington Chamber of Commerce has said that the film is worth “many millions of dollars” to Wellington’s economy and further delays may mean the film does not start shooting until next year.

Del Toro announced yesterday he had quit the The Lord of the Rings prequel over frustration with repeated delays. He had commitments to other films and said his resignation was “the hardest decision I’ve ever taken”. Read more

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