Director Peter Jackson took to Facebook today to officially announce that The Hobbit will be three movies, rather than two, as originally planned. In his statement, he wrote that he and partner Fran Walsh had recently watched the footage and asked themselves, "Do we take this chance to tell more of the tale? And the answer from our perspective as the filmmakers, and as fans, was an unreserved 'yes.'" Jackson continued on to say, "So, without further ado and on behalf of New Line Cinema, Warner Bros. Pictures, Metro-Goldwyn-Mayer, Wingnut Films, and the entire cast and crew of 'The Hobbit' films, I'd like to announce that two films will become three."
There is no word yet on whether this decision will affect the previously announced release dates for the two movies, An Unexpected Journey and There and Back Again.