Medical Problems Delay (Slightly) The Start Of 'The Hobbit'
Briefly: Peter Jackson has been hospitalized with a perforated ulcer, and while he has been treated and is "resting comfortably and his doctors expect him to make a full recovery," this means that the start date for The Hobbit will likely have to be pushed a bit. This likely won't affect the release date of the first film; it just means a tiny bit more pressure when the movie does start. Luckily modern medical science has mostly ruled out stress as a cause of ulcers. Best wishes to Peter Jackson and the production.