A third Hobbit movie? Will the studio please reign in this egomaniac? Peter Jackson is way too in love with himself as a filmmaker. The Hobbit should be one three-hour movie. That's it. Making it into two films is a stretch but three is fucking joke. Jackson is the same "genius" who decided to take King Kong, a ninety-minute film, and make it a bloated three-hour plus "epic." It was a colassel pile of SHIT. The trip to Skull Island took 45 minutes. I can only imagine the contrived sequences Jackson made up for The Hobbit to turn it into two...no, THREE movies.
Hell, wasn't Bag of Bones done on a $100 million budget? That seems like overkill too.
I hope I'm wrong but I think Peter Jackson's massive, out-of-control ego will destroy The Hobbit. And quite frankly, when you take away Lord of the Rings, PJ is a nothing director.