News update: May 28, 2011

Director Peter Jackson announced yesterday on his Facebook page that Orlando Bloom has join the cast of “The Hobbit” movies, even though his “Lord of the Rings” character Legolas doesn’t appear in J.R.R. Tolkien’s “Hobbit.”

“Ten years ago, Orlando Bloom created an iconic character with his portrayal of Legolas. I’m excited to announce today that we’ll be revisiting Middle Earth with him once more. I’m thrilled to be working with Orlando again. Funny thing is, I look older — and he doesn’t! I guess that’s why he makes such a wonderful elf,” Jackson wrote yesterday.

Any thoughts on the casting news?

• • •

According to The Hollywood Reporter, box office reports are indicating that after grossing another $30 million on Friday, “The Hangover Part II” is poised to make $135 million in its first five days of release, making it the biggest opening of the year.

Meanwhile “Kung Fu Panda 2,” which took in $13.5 million on Friday, is on track to make about $65 million or $70 million in its first five days. Not a bad haul for the sequel, especially considering it will probably have legs at the box office.

“Pirates of the Caribbean: On Stranger Tides,” came in third with an estimated $9 million to $10 million on Friday.

Trailer of the day:

Alexander Payne’s new film, “The Descendants,” starring George Clooney, has everyone talking Oscar all of a sudden. What do you think?

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