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Ian McKellen gives an update on The Hobbit

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Ian McKellen gives an update on The Hobbit,Gandalf (Ian McKellen) must decide how to best defend Minas Tirith, the chief city of Gondor, in Sir Ian McKellen (Lord of the Rings, X-Men) spoke with Empire magazine about playing Gandalf again in The Lord of the Rings prequels, The Hobbit and The Hobbit: Part Two. The films are produced by original director Peter Jackson will be directed by Guillermo del Toro with the first due out in December 2011.

Here's some of what McKellen had to say and go here to read the full article.

"The scripts for the two films will be delivered very soon," he revealed. "Then they'll be budgeted, and then they'll be cast. And they'll be going when they've always said they would be, which is next spring – March or April. Guillermo even told me at one point, 'We're going to film for 383 days.' He's got that artistic autism! Jackson's the same; they're very, very, very alike. They also very different, but they've so much in common. They both can't stand Hollywood and have wonderful imaginations, and they're both obsessed with gore and fantasy. Both of them laugh a great deal. Guillermo's one of the most brilliant men I've ever met."

Source: Empire