During SDCC 2012 we reported that Peter Jackson was in early talks with Warner Bros to turn the two-part Hobbit movies into a trilogy. The first, An Unexpected Journey, is released this December whilst the next, There and Back Again comes out same time next year. Now, The Hollywood Reporter have revealed that Jackson has entered discussions to helm a third movie, and shoot additional footage next summer.
“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. It’s about taking the chance to tell more of the incredible tale with the cast we have assembled,” their source explains.
I know what you’re thinking, there’s barely enough content in the original book to cover two movies. But, Jackson and WB have the rights to 125 pages of J.R.R Tolkien’s additional notes on the world, and there is a lot of stuff that is mentioned in the book (big battles) that isn’t written down, so that’s going on screen too.
UPDATE: Speaking to The One Ring at SDCC 2012, Peter Jackson confirmed rumours of a third Hobbit movie.
SOURCE: The Hollywood Reporter