As The Hobbit is a shorter book than any of the three parts of Lord Of The Rings, many wondered if there was enough plot for two films, but at Comic-Con, Peter Jackson suggested he was thinking as actually making it into three. Now THR reports that the director is in “accelerated” talks with the studio about making a third movie.
The filmmaker has said that he shot an abundance of material that he would not be able to fit into either of the planned movies, which sparked speculation that a third movie may be in the works. Warner Bros. is now reportedly on board with the proposal, if they can make it for the right price, since new deals will have to be negotiated with cast members. At any rate, a decision must be made very soon, according to an unidentified source close to the production, “If we’re going to do it, we have to make a decision soon. It’s strongly driven by the filmmakers’ desire to tell more of the story.”
If a third movie is given the green light, shooting will likely take place for a couple of months in New Zealand, sometime next summer. The Hobbit: An Unexpected Journey is slated for release on December 14th, with The Hobbit: There and Back Again arriving in cinemas December 13th, 2013. The proposed third movie would likely debut during December of 2014, if it comes to fruition.