ian mckellenMovieweb.com has confirmed that Ian McKellen will return to the role of Gandalf in the prequel to 'The Lord of The Rings.'

McKellen's character, a wizard, literally gets the adventure started in 'The Hobbit.' And while McKellen announced on his official website in November that he would reprise the role of Gandalf, the deal has just now become officially finalized.

Andy Serkis will be be returning as Gollum, and Elijah Wood will return as Frodo Baggins. Cate Blanchett is also confirmed to reprise her role as Galadriel. An offer is said to be out to Orlando Bloom, but no word yet on whether the new dad plans to return to his role as Legolas.