According to The Hollywood Reporter, Warner Brothers Pictures, producer Fran Walsh and writer-producer Philippa Boyens with Jackson are looking into logistics into making a trilogy a reality.
A few hurdles will include securing new actor deals into a third movie and gaining certain rights associated with the property.
First film â€œThe Hobbit: An Unexpected Journeyâ€ will be released later this year on December 14. The second film â€œThe Hobbit: There and Back Againâ€ will be released next year on December 13. So a third film will probably be released in December 2014.
So Hobbit fans can rejoice. It looks like Jackson may go there and back againâ€¦..and again.
Source: The Hollywood Reporter