Third Hobbit Movie Given the Greenlight

The Hobbit

Peter Jackson announces in Facebook post that the third Hobbit movie has been given the greenlight.

Originally, only two movies were planned but after completing principal photography a couple weeks ago and seeing a rough cut of the first movie and much of the second, Jackson felt a third movie is necessary to tell the story of The Hobbit in its entirety.

Rumor of a third Hobbit movie has been floating around for some time now, but it didn't gain any traction until three weeks ago at Comic Con where Jackson revealed that he wants to shoot more footage to be used either in extended versions of the movies or in a third movie.

We can see now that the third movie was always the first option because it was reported last week that the stake holders were in talks to make it a reality.

It's not as simple as all agreeing to do the movie though, but the bottom line is that all must agree on the numbers. For the actors, there's also the time commitment to be available next summer to shoot the new scenes. Failing that, the fallback plan is for the extended versions.

Here's Jackson's announcement on Facebook in its entirety:

It is only at the end of a shoot that you finally get the chance to sit down and have a look at the film you have made. Recently Fran, Phil and I did just this when we watched for the first time an early cut of the first movie - and a large chunk of the second. We were really pleased with the way the story was coming together, in particular, the strength of the characters and the cast who have brought them to life. All of which gave rise to a simple question: do we take this chance to tell more of the tale? And the answer from our perspective as the filmmakers, and as fans, was an unreserved ‘yes.'
We know how much of the story of Bilbo Baggins, the Wizard Gandalf, the Dwarves of Erebor, the rise of the Necromancer, and the Battle of Dol Guldur will remain untold if we do not take this chance. The richness of the story of The Hobbit, as well as some of the related material in the appendices of The Lord of the Rings, allows us to tell the full story of the adventures of Bilbo Baggins and the part he played in the sometimes dangerous, but at all times exciting, history of Middle-earth.

So, without further ado and on behalf of New Line Cinema, Warner Bros. Pictures, Metro-Goldwyn-Mayer, Wingnut Films, and the entire cast and crew of “The Hobbit” films, I’d like to announce that two films will become three.

It has been an unexpected journey indeed, and in the words of Professor Tolkien himself, "a tale that grew in the telling."

Cheers,

Peter J

The Hobbit: An Unexpected Journey is coming to theaters on December 14, 2012, with The Hobbit: There and Back Again following the next year on December 13, 2013. The third, and still untitled, movie will arrive in the summer of 2014.

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