News of a Guillermo-del-Toro-directed Slaughterhouse-Five remake suggests we are living in a second golden age of cinema—but the announcement of Ghostbusters III confirms that film is dead.

"I was never into heroic fantasy. At all. I don't like little guys and dragons, hairy feet, hobbits—I've never been into that at all. I don't like sword and sorcery, I hate all that stuff." Those are the words of Guillermo del Toro, who has now been officially tapped to direct of the upcoming Peter-Jackson-produced Hobbit duology. Sounds promising! I'm very nervous.

The Hobbit has a director: Guillermo del Toro, director of Pan's Labyrinth. If they couldn't get Jackson, he may be the next best thing—though longtime readers already know how I feel about the decision to split the movie into What Tolkien Wrote and Other Stuff.