The HobbieEvery time I think I've rolled my eyes at the weirdest toy movie announcement, I hear an even crazier one. Today's really blew my mind. You probably own one. I think mine is in a box in my parents' garage. I just don't understand why this is necessary. Are pet rocks next? Wait... no one mention that to the studios! (Source: Deadline)

Did you hear the reports that 'The Hobbit' has been delayed another year? Well, fear not, fans of Middle Earth! They were wrong! I'll let you know what happened and the status of the two films. (Source: Heat Vision) Check out the video after the jump.