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The Hobbit Movie
Will The Hobbit be a standalone film?
Actually, The Hobbit will be made into 2 films. The official press release states that "The Hobbit" and a sequel to "The Hobbit" will be made.
When will The Hobbit be released into theatres?
The first film will be released in 2010, the 2nd in 2011.
When will filming begin?
Sometime in 2009
Will Peter Jackson direct the film?
No, he won't. In the official press release, though, it confirms he will executive produce.
Who will direct The Hobbit?
Ian Mckellen has confirmed on his own site that Guillermo Del Toro will be directing (scroll a little more than half-way down the web page to see the confirmation).
Who else was rumored to direct The Hobbit?
According to this report, Sam Raimi of Spiderman directorial fame will be helming The Hobbit. That, of course, no longer seems feasible.