Variety reports that Peter Jackson shot more footage than expected during the making of The Hobbit: An Unexpected Journey and The Hobbit: There and Back Again, making a third film feasible.
And the word at this year's Con is that Jackson will announce the trilogy at the Warner Bros. panel on Saturday.
But a studio spokesperson has apparently told Variety that "there are no planned or surprise announcements" involving a third film, as "the plan was always for two."
So there you have it – a rumour quashed before it even has time to leave the convention floor. The first Hobbit flick is set to hit screens worldwide on December 10th, while its sequel will be released on December 13th, 2012
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