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It would be nice if it were not an April fools jokes, but I think it is. Under a search of Google news I found no further information, which leads me to suspect that most news corporations know that it is a hoax or at least cannot confirm it. Furthermore, if New Line did finally obtain the rights to The Hobbit, I cannot see them choosing anyone besides Peter Jackson to direct it, even if PJ is currently engrossed in King Kong.
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...where the instrument of intelligence is added to brute power and evil will, mankind is powerless in its own defence.
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