Sir Ian McKellen and Peter Jackson are seen in 'The Hobbit' Film Preview Video. Peter Jackson's eagerly anticipated two part film 'The Hobbit' won't be out in cinemas until 2012 and 2013, but a 10-minute long footage shows the cast and crew filming scenes at Hobbiton in New Zealand. Rex Features/AP
Actor Elijah Wood is shown in a scene from New Line Cinema's 'The Lord of the Rings: The Fellowship of the Ring,' in this undated photo. The Lord of the Rings series of books were released as a sequel to 'The Hobbit.' New Line Cinema/AP
British actor Martin Freeman poses with cast members of Peter Jackson's two-part film The Hobbit, at Jackson's Park Road Post facility in Wellington February 11, 2011. Freeman plays Bilbo in the company of thirteen dwarves in the two part release of 'The Hobbit'. The first film 'The Hobbit: An Unexpected Journey,' is slated for 2012, and 'The Hobbit: There and Back Again,' is set for 2013. Anthony Phelps/Reuters
Joy Asfar, of the auction house Bonhams, examines a copy of the 1937 first issue of the first edition of 'The Hobbit' by author J.R.R. Tolkien on display at the auction house in London, March 17, 2008. The book, a prequel to 'The Lord of the Rings' was auctioned in 'Printed Books, Maps, Manuscripts and Photographs' sale with an estimated price of $40,152 to $60,229. Sang Tan/AP
J.R.R. Tolkien, author of 'Lord of the Rings' trilogy as well as 'The Hobbit' and the previously unfinished and unpublished, 'The Children of Hurin,' which was released in 2007. AP
Actors Elijah Wood (l.), as Frodo, and Sean Astin, as Sam, are shown in a scene from New Line Cinema's 'Lord of the Rings: The Return of the King.' The final chapter in Peter Jackson's majestic fantasy trilogy led the Academy Awards race Jan. 27, 2004, with 11 nominations, including best picture and director, when the nominations for the 76th annual Academy Awards were announced in Beverly Hills, Calif. New Line Cinema
Renowned New Zealand movie director Peter Jackson, best known for his 'Lord of the Rings' trilogy, poses for a portrait in San Diego. Chris Park/AP
Cam Schroyer, (l.), of New Market, Md., and his sister Corry Schroyer, of Pikesville, Md., waited with about 800 others outside Baltimore's Senator Theater Dec. 16, 2003, to see all three "Lord of the Rings" movies in succession. Steve Ruark/AP
Elijah Woods as Frodo Baggins takes in the beauty of Rivendell in New Line Cinema's epic adventure, 'The Lord of the Rings: The Fellowship of the Ring.' New Line Cinema
The US government says that a Chinese fighter jet was responsible for a number of 'unsafe and unprofessional' intercepts of a US Navy surveillance and reconnaissance aircraft off the coast of China on Friday.
The Obama administration on Friday accused a Chinese fighter jet of conducting a "dangerous intercept" of a U.S. Navy surveillance and reconnaissance aircraft off the coast of China in international airspace — the fourth such incident since March.