Guillermo del Toro (Pan's Labyrinth) is in talks to direct the back-to-back films based on The Hobbit. Peter Jackson will return to produce and oversee the screenplay with del Toro. Source
Channing Tatum (She's the Man, Step Up) has been cast as Duke in the G.I. Joe film out 2009, at least according to Harry Knowles at AICN.