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or - Click to Subscribe! - Become a Fan! - Follow Us! Hey there hobbit fans! Tatiana Carrier with the latest on Hobbit star, Elijah Wood and A recent chat he had about the highly anticipated flick! Now that production has started on Peter Jackson's highly anticipated "Lord of the Rings" prequels, star Elijah Wood is gave our friends at E some details on The Hobbit! . When speaking about the two upcoming flicks, The Hobbit: An Unexpected Journey," and "The Hobbit: There and Back Again," he said, quote, "They're gonna be big....The audience is huge. The anticipation for 'The Hobbit' has been so massive for so long." . Well we knew they were going to be big without him telling us, but exactly HOW big is the question...The last three "Lord of the Rings" movies grossed almost $3 billion worldwide, but Elijah shared that he doesn't see those as any sort of competeion...he said, "I don't even know if they're meaning to outdo them." . Also, as you guys know, Wood's character Frodo Baggins is the star of the lord of the rings trilogy, and has controversially been added to the "Hobbit" prequels, as has Cate Blanchett's character Galadriel, and Orlando Bloom's elf Legolas....Elijah went on to explain how the "LOTR" characters can appear in Jackson's "Hobbit" movies when they weren't in JRR Tolkien's book....he said, QUOTE: "The idea is that there are things actually happening historically at the same time the story of 'The Hobbit' is taking place, they ...