Is Peter Jackson Planning A Third Hobbit Movie?
Could Peter Jackson be planning to extend 'The Hobbit' into a trilogy? It's a financial plan that has worked for several other movie franchises, adapted from novels. The Harry Potter movies did it, by making Harry Potter and the Deathly Hallows into two parts and Twilight did the same. Recently, it was announced that the makers of The Hunger Games will be doing the same and extending the last instalment of the trilogy into two parts, as well.
It makes perfect sense from a business point of view; get the viewers hooked and you are guaranteed an audience for the lucrative extension movie. Obviously, the material needs to be there and there are few novels more dense with material than a JRR Tolkien book. The first of The Hobbit movies is scheduled to hit cinemas in December this year. Originally, a second was planned, with the expected budget for the two movies to reach $500 million, according to the Los Angeles Times. Now, though, it seems that Warner Bros and Peter Jackson have decided that there is enough source material to eke out a third movie.
Insiders have suggested that a third movie will go ahead but they are not currently allowed to speak publicly about those plans, which are not yet confirmed. Peter Jackson could not be contacted for comment and New Line's President Toby Emmerich didn't return the call from the Los Angeles Times asking for a statement.