Yup, there's going to be THREE Hobbit films. Not many facts known yet, except a planned SUMMER 2014 release for the third and it doesn't affect the release dates of the first two. It's not the famous "bridge movie" that was planned years ago, rather they're just stretching their TH + LOTR appendices + non canonical inventions stuff over three films
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I have faith in PJ and lbr I know I'm gonna see each of them like 3 times...
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