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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.
There's been a lot of "Hobbit" news as of late, which makes sense, seeing as Peter Jackson is out promoting "Lovely Bones." What I like about the dude is that on top of being friendly, he actually answers questions with no bs attached.
Empire talked to director Guillermo del Toro and executive producer Peter Jackson about The Hobbit and its sequel. The second film will not serve as a bridge the the 60-year gap between "The Hobbit" and the start of "Fellowship of the Ring," as was previously believed.