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Yates' name has been mentioned on industry insider tracking boards as the top choice to take the reins from Guillermo del Toro

I like many fans want to see a big screen Hobbit movie.  This hope is not lost jut put on hold until MGM can resolve their financial issues.

David Yates could handle directing a Hobbit movie.  He could even do a great job at it but that is not the real question.

Will he do it?  Probably not at this point in time.  Since Guillermo del Toro walked away from a project that he loves because of the delays I don't see any big name director picking this up until MGM resolves their first obstacle.

(via SCI FI Wire)