

This film image released by Warner Bros., shows Ian McKellen as Gandalf in a scene from the fantasy adventure "The Hobbit: An Unexpected Journey."
© AP
BURBANK, Calif. (AP) — "Hobbit" fans need only wait seven months between the second and third installments of Peter Jackson's highly anticipated trilogy.
Warner Bros. Pictures and Metro-Goldwyn-Mayer Pictures announced Friday the final film in the series will be called "The Hobbit: There and Back Again" and released worldwide on July 18, 2014. The title was taken from the second installment, which will now be called "The Hobbit: The Desolation of Smaug."
Here's how it all breaks down:
— "The Hobbit: An Unexpected Journey,' Dec. 14, 2012.
— "The Hobbit: The Desolation of Smaug." Dec. 13, 2013.
— "The Hobbit: There and Back Again," July 18, 2014.
Adapted from J.R.R. Tolkien's beloved masterpiece, "The Hobbit" series will be released in High Frame Rate 3-D, other 3-D formats, IMAX and 2-D.
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odd of ten rings was written as a trilogy. the hobbit was not.