Bloom's participation is expected to be confirmed at any minute, with returning cast members Sir Ian McKellen, Andy Serkis, Cate Blanchett, and Elijah Wood all already confirmed to appear in The Hobbit. Out of the returning cast members, Bloom is reported to be earning the most money on a per minute average, as his once and future cast mates all have substantially larger roles in this new story. He will also be making more than headlining actors Robert Kazinsky and Aidan Turner, who play Bilbo's Dwarf companions Fili and Kili, combined.
Dominic Monaghan's return as Merry is also expected to be announced soon. His character will appear alongside Elijah Wood's Frodo in book-ending sequences meant to set up this tale. There has been no word as to Sean Astin and Billy Boyd's return as Samwise and Pippin, respectively. But if it is to happen, we will surely hear about it by week's end.
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.