Check out my updated, in-depth review of Destiny, written after my visit to the launch event at Bungie Studios.

FORBES: GDC 2013: The 'Brave New World' of Bungie's Destiny [Updated]

Mr Jackson, who also directed the Lord of the Rings trilogy, will set up an interactive arm of his firm, Wingnut, and will work with Halo creators Bungie Studios to develop the series.

BBC: NEWS | Technology | Director Jackson signs Xbox deal

An unhappy Jobs called Microsoft Chief Steve Ballmer after the software company, and Apple rival, snapped up Bungie Studios in June of 2000, Ed Fries, former vice president of game publishing at Microsoft said in an interview with Develop, a videogame trade magazine .

FORBES: Steve Jobs 'Needed Placating' After Halo Swiped From The Mac

Rebuilding a legendary, best-selling franchise from scratch is no small feat, and 343 Studios has the monumental task of taking over the franchise from Bungie, who left after the last game, Halo Reach.

FORBES: The World Gets Its First Look at Halo 4