David Yates Rumored to Direct Hobbit
When Guillermo del Toro left The Hobbit, Hollywood wondered if there was any director who could step in and guide such a massive, effects-laden series while remaining in the stylistic shadow of the auteurs who'd come before. Duh, of course: David Yates, who fulfilled that exact function on the last few installments of the Harry Potter series! Slashfilm notes that his involvement with The Hobbit is just a rumor, but that sound you hear is eight thousand bloggers slapping themselves on the forehead, wondering how they didn't think of this first. [Slashfilm]

Comments
Boo! This is just sad sad day for fans of this franchise. Hopefully this thing continues to get pushed back because of MGM and he also leaves the project.
Nobody thought of it because they figured the job would go to a real director.