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So... you know that SUN story about Tobey Maguire as Bilbo? AhembullshitAhem

Hey folks, Harry here... this morning, on my way out the door to see HOW TO TRAIN YOUR DRAGON, I was glimpsing through mail - and a shit ton of readers from the UK were forwarding masses of email regarding a story in the tabloid, THE SUN, that was stating definitively that Tobey Maguire was cast as Bilbo in Guillermo's upcoming production of THE HOBBIT. Well... I shot an email off to Peter Jackson and Guillermo Del Toro to see if I could get an official response. The word?
No truth at all, although we're all big fans of Toby. We are currently auditioning for Bilbo, and a month or two away from any announcements. Cheers Peter J
Then I got this response from Guillermo:
Its not true, gordito- G
Yes, Gordito is Guillermo's nickname for me. Though usually he modifies it with rojo. Gordito Rojo, which sounds like a new flavor of fried burrito at Taco Bell. So once again, we bring you the truth. Peter Parker is not Bilbo.

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