The Hobbit X 3

Originally the rumours that Peter Jackson would make a trilogy out of The Hobbit were rubbished, with the studio claiming the book would be split into two films. However the Hollywood Reporter is now saying the the film will indeed be a trilogy along the same lines of Peter Jackson's telling of Lord of the Rings.

The real surprise is that this seems to be Peter Jackson's idea and not the studio trying to get a bigger return from their investment. Still Jackson knows how to tell a story and if he feels that the story can be told over three movies, without stretching things then we could be in for another Middle Earth treat.