SDCC: Jackson Update on the Hobbit

At the San Diego Comic Con on Saturday, Peter Jackson provided an update on The Hobbit from District 9 panel specifically addressing rumors that a casting announcement for Bilbo Baggins was going to be made. The script is about three weeks away from being delivered and at least three months before can begin the casting process. The plan remains to do the Hobbit in two parts making use of additional information in the later Lord of the Rings volumes to create a more "epic" story.