Whether Peter Jackson is ready or not, the studios Warner Bros and MGM are still hoping Peter Jackson will hold on as their best option for a new director for the currently screwed-up The Hobbit. Since Guillermo Del Toro's departure, producer Peter Jackson mentioned that he is willing to step in if need be in order to protect WB's investment.
Deadline reported that David Yates (Harry Potter films), David Dobkin (Wedding Crashers) and err, Brett Ratner (X-Men: The Last Stand) have all shown some level of interest on the job. Well, there wasn;t a better deal or choice left for MGM and WB. Considering the financial tussles at MGM that cost the film a head-go, Peter Jackson and Alfonso Cuaron are the only that fits in the Middle Earth world. Since Jackson has never refused to direct it (yet), both studios are keeping fingers cross that Jackson will return.
According to Screen Rant's opinion, "The only possible downside I see is that Jackson never seemed that passionate about directing these films. It’s not a situation where he’s dying to do it. He’d be stepping in to protect the money that’s already been spent and because a better option never presented itself." True, indeed. We hope the best for MGM/WB in searching the next director. Seriously, Jackson and Cuaron are still better than err...Ratner.
SOURCE: Screen Rant