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Speaking to Broadway World, the actor explained that he is not under contract to return as Gandalf in director Peter Jackson's Lord Of The Rings prequels.
"I am not under contract, no. I'm not going to say any more than that because it might complicate things! So, I would say - at the moment - no, I am not under contract," McKellen stated.
The X-Men star had been attached to reprise his role as the Middle-earth wizard in The Hobbit.
"The aim is to start filming in January," he previously said about the project.
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