We’ve known for a while that Elijah Wood is reprising his role of Frodo in The Hobbit, despite Frodo not actually appearing in the book itself. Peter Jackson and the team have obviously come up with a way to feature Frodo (and older Bilbo played by Ian Holm) in the films, and in a recent interview with OTRC (via TheOneRing) Wood gave a few hints as to how it would work.
Having not read the book i’m not as protective, so the fact Peter Jackson has found a way to feature Frodo, Old Biblo, Legolas and other characters from the trilogy into The Hobbit is quite exciting.
The first film, titled The Hobbit: An Unexpected Journey, will be released on December 14, 2012 and the second film, titled The Hobbit: There and Back Again, is slated for release the following year on December 13, 2013.
The Hobbit follows the journey of title character Bilbo Baggins (Martin Freeman), who is swept into an epic quest to reclaim the lost Dwarf Kingdom of Erebor, which was long ago conquered by the dragon Smaug. Approached out of the blue by the wizard Gandalf the Grey (Ian McKellen), Bilbo finds himself joining a company of thirteen dwarves led by the legendary warrior, Thorin Oakensheild (Richard Armitage). Their journey will take them into the Wild; through treacherous lands swarming with Goblins and Orcs, deadly Wargs and Giant Spiders, Shapeshifters and Sorcerers.