‘The Hobbit’ Filmmakers in Deep Talks With Warner Bros. to Make Third Movie

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Peter Jackson is looking to return to Middle Earth yet again.

Sources close to the production of The Hobbit say the filmmaker has concluded that he wants to turn his upcoming two-film adaptation of the J.R.R. Tolkien
epic into a trilogy. That would require additional shooting that
sources say could take place next summer for about two months in New
Zealand.

Jackson teased the idea at Comic-Con on July 14, telling fans that he
wants to shoot more footage. But since then, sources say that studio
Warner Bros., Jackson, producer Fran Walsh and writer-producer Philippa Boyens
began exploring the logistics of what it would take to make another
movie. Those talks are said to have accelerated in recent days, with the
studio on board if the right financial arrangements can be achieved.
That includes securing new actor deals for the expansive cast as well as
shoring up certain rights associated with the property (The Hobbit has a long a tortured rights history.)

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