The third film in the upcoming Hobbit trilogy will be released worldwide in July 2014, it was confirmed yesterday.
The second film also now has a new name.
The third film - The Hobbit: There and Back Again - will open in cinemas on July 18th, 2014 - just seven months after the newly titled second film The Hobbit: The Desolation of Smaug arrives on December 13th, 2013.
The second film originally carried the title There and Back Again.
The first film, The Hobbit: An Unexpected Journey starring British actor Martin Freeman as Bilbo Baggins, has already been set for a December 14th, 2012 opening.
Director Peter Jackson, Time Warner Inc's Warner Bros. and New Line Cinema, and MGM announced in July that the 3D-film adaptation of the classic novel by JRR Tolkien would be split into three films rather than the two originally envisaged.
Warner Bros executives said they believed the third film would play well in the summer - the most lucrative period for the industry and the launch pad for action-packed blockbusters.
"We wanted to have a shorter gap between the second and third films of The Hobbittrilogy. Opening in July affords us not only the perfect summer tentpole, but fans will have less time to wait for the finale of this epic adventure," said Dan Fellman, president of domestic distribution at Warner Bros.
The Hobbit is the prequel to Tolkien's epic fantasy The Lord of the Rings which Jackson made into three Oscar-winning films about 10 years ago.
Reuters