Is 'The Hobbit' Going To Be A Trilogy?

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Stretching out franchises is pretty much all the rage these days. "Harry Potter and the Deathly Hallows," for instance, was split into two separate installments and both "The Twilight Saga: Breaking Dawn" and the upcoming series capper "The Hunger Games: Mockingjay" have followed suit. But according to reports out of Comic-Con, Peter Jackson could be about to outdo all of them, because"The Hobbit" may be stretched out to three films rather than two.

Or then again, maybe it won't be.

The confusion comes from Jackson's weekend Comic-Con panel, where he put on his usual big show, wowing fans with footage from "The Hobbit: An Unexpected Journey," which is set to hit theaters on December 14. But according to indieWire, Jackson hedged his bets when asked whether or not he was planning to turn "The Hobbit" into a trilogy.

"We also have the rights to use this 125 pages of additional notes where Tolkien expanded the world of 'The Hobbit,'" Jackson explained. "Fran [Walsh] and I have been talking to the studio about other things we haven’t been able to shoot and seeing if we persuade them to do a few more weeks of shooting, probably more than a few weeks actually, next year. And what form that would actually end up taking, well the discussions are pretty early.

"There’s other parts of the story that we’d like to tell that we haven’t been able to tell yet," he added.

Considering that "The Hobbit: There and Back Again" is slated to arrive in theaters in 2013 — and will likely need quite a bit of special effects prep time — the fact that Jackson may still be filming weeks worth of footage in the days leading up to the film's release does set off some major alarm bells in terms of a possible trilogy. On the other hand, though, Jackson is famous for packing bis Blu-ray releases with untold hours of extras, so it's possible he may go that route with whatever he's planning.

Either way, it seems as though there may be even more "Hobbit" coming. Whether or not that's good news for fans, on the other hand, is another question.