After years of delays filming of The Hobbit started recently in New Zealand. The anticipated prequel movies are being filmed for $500 million in the Wellington Stone Street Studios in the village of Matamata, along with various other secret, undisclosed locations around New Zealand.

The story revolves around Bilbo Baggins, the titular hobbit who is swept up into an adventure with wizard Gandalf the Grey and 13 dwarves. British actor Martin Freeman will play Bilbo Baggins, with Cate Blanchett, Ian McKellen, Elijah Wood, Orlando Bloom and Andy Serkis all reprising their roles from the Lord of the Rings trilogy.

Source: Times Colonist