Swift's rep, Tree Paine, tells PerezHilton.com:
Wow. Wow. Wow.
Kanye is straight-up INSANE!!!!!
OMG!!! Millions of pantiez just moistened simultaneously in Middle Earth!!!!
The succulent, seXXXY singer-songwriter apparently just recorded a song for The Hobbit: The Desolation of Smaug, and it will be played over the film's end credits!
I very happy to announce I have written and recorded the end credits song for the new Hobbit movie 'The Desolation of Smaug'
— Ed Sheeran (@edsheeran) November 4, 2013
Yes!!! What an absolutely delightful development!! It's got us fan-girling out in sooo many ways!
Hopefully producers love the song so much that they cast Ed in the franchise's next installment!! Sheeran the Red sounds like a great wizard name to us, LOLz!!
Smaug slithers his way into theaters on December 13th.
[Image via WENN/New Line Cinema.]