Guillermo del Toro Confirms Lord of the Rings Stars Will Return for The Hobbit

Guillermo del Toro
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The actors will come back as Gollum, Gandalf and Elrond, respectively, which fans had long expected. According to Cinema Blend, del Toro also confirmed that he’s close to casting decisions on major roles, including Bilbo Baggins. 
We previously reported on details for the new pair of movies, the first of which is expected to open in 2011.
Related links:
News: Del Toro and Jackson clarify Lord of the Rings prequels
News: Del Toro:  Hobbit  movie production underway