We have already seen some photo's from the set of The Hobbit, currently filming in New Zealand. Today EMPIRE Online posted a photo of the first magazine cover to feature The Hobbit. The cover gives us a look at a much younger version of Gandalf the Grey and Bilbo Baggins.
Peter Jackson's return to Middle Earth staring Martin Freeman, Ian McKellen, Hugo Weaving, Cate Blanchett and Orlando Bloom is due out December 2012.
Bilbo Baggins, a Hobbit, journeys to the Lonely Mountain accompanied by a group of dwarves to reclaim a treasure taken from them by the dragon Smaug.
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