Rumor has it that during the Comic-Con weekend that Peter Jackson was already considering shooting more footage for The Hobbit to potentially make a third movie, or long extended editions.

Now, talks have apparently "accelerated in recent days, with the studio on board if the right financial arrangements can be achieved." So it sounds like The Hobbit trilogy may be happening.

Reports initially only hinted at the possibility, since Jackson mentioned it at the Comic Con. "We have certainly been talking to the studio about some of the material we can't film, and we've been asking them so we can do a bit more filming next year. Which, I don't know what would come of that, whether it'd be Extended Editions or whatnot." But it seems the studio is now actually interested in turning this into a trilogy. A THR source confirms:

"If we're going to do it, we have to make a decision soon," says a source close to the production. "It's strongly driven by the filmmakers' desire to tell more of the story."

"It's about taking the chance to tell more of the incredible tale with the cast we have assembled," says a source.

For now, we'll just have to wait to hear the official word from Warner Bros or Peter Jackson himself. Could you deal with the possibility of a third Hobbit movie?