You can now precisely mark your calendars, Hobbit fans.
Initially, the director had planned two movies based on J.R.R. Tolkien's popular masterpiece, but this summer he decided there was enough material for a third movie.
The first film in the trilogy, "The Hobbit: An Unexpected Journey," opens this year on Dec. 14.
The second installment will be called "The Hobbit: The Desolation of Smaug," and will be released a year later, on Dec. 13, 2013.
Shot in 3-D, at 48 frames-per-second, the trilogy of films will be released in High Frame Rate (HFR) 3-D, other 3-D formats, Imax and 2-D. All three films in the trilogy are productions of New Line Cinema and Metro-Goldwyn-Mayer Pictures.
Explaining the only seven-month gap between the second and third films, Dan Fellman, president of domestic distribution at