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Director PETER JACKSON on the Bag End set of the fantasy adventure “THE HOBBIT: AN UNEXPECTED JOURNEY.” ©Warner Bros. Entertainment/MGM.

(L-r) CATE BLANCHETT and director PETER JACKSON on the set of the fantasy adventure “THE HOBBIT: AN UNEXPECTED JOURNEY.” ©Warner Bros. Entertainment/MGM.

(L-r) HUGO WEAVING, director PETER JACKSON and IAN McKELLEN on the set of the fantasy adventure “THE HOBBIT: AN UNEXPECTED JOURNEY.” ©Warner Bros. Entertainment/MGM.