Fran Walsh and Philippa Boyens are expected to write the scripts under the direction of Peter Jackson and Guillermo del Toro. Preliminary contact has already been made with at least three actors whose The Lord Of The Rings characters also appear in The Hobbit storyline: Viggo Mortensen (Aragorn), Ian McKellen (Gandalf) and Andy Serkis (Gollum).
"We will all be involved in the script in some fashion but the exact definition is about a week away, " said del Toro. "I am all for keeping the actors who originated the parts, as much as availability and their willingness will allow."
The Hobbit: An Unexpected Journey was released December 14th, 2012 and stars Ian McKellen, Martin Freeman, Richard Armitage, Ken Stott, Graham McTavish, William Kircher, James Nesbitt, Stephen Hunter. The film is directed by Peter Jackson.