Lord of the Rings trilogy director Peter Jackson has signed on with Microsoft to create two interactive series for the Xbox 360. The games will be released in episodic format. According to a piece from gaming blog Joystiq, reporting from Wednesday's second annual "Blogger Breakfast" event at GDC (Games Developers Conference) one of the series will be based on the Halo franchise while the other will be a brand new IP.

Shane Kim, head of Microsoft Game Studios, was on hand at the event to reveal the news, stating that Jackson's two projects are still in the very early stages of the design phase. However, he also hopes that they will set a standard for other Microsoft developers to follow.

"It's not Halo 3," stated Scott Henson, Director of the Game Development Group at Microsoft in a phone conversation with Joystiq last September.

Development for the game will be handled by Wingnut Interactive, a new studio created with the help of Peter Jackson and production partner Fran Walsh.