Attention Tolkien fans: There might be a third Hobbit movie (maybe)

Don't get too excited yet, but Peter Jackson is talking about possibly turning the two Hobbit movies he just completed filming — The Hobbit: An Unexpected Journey and The Hobbit: There and Back Again — into a trilogy. Why? Because 1. Warner Bros. has the rights to the additional notes from J.R.R. Tolkien's Lord of the Rings trilogy, which has all this groovy stuff in it that relates to The Hobbit, and 2. Jackson has all this extra footage lying around, just waiting to be seen. He spoke with Collider, warning that all of this is only in the earliest of stages:

Well, it's very, very premature. We have got incredible source material with the appendices. There's the novel, but then we also have the rights to use the 125 pages of additional notes where Tolkien expanded the world of The Hobbit. We've used some of that so far, and just in the last few weeks, as we've been wrapping up the shooting and thinking about the shape of the story, Philippa [Boyens], Fran [Walsh] and I have been talking to the studio about other things that we haven't been able to shoot and seeing if we could possibly persuade them to do a few more weeks of shooting. We'd probably need more than a few weeks, actually, next year. The discussions are pretty early, so there isn't anything to report, but there are other parts of the story that we'd like to tell, that we haven't had the chance to tell yet. We're just trying to have those conversations with the studio, at the moment.

I have a question: How hard would it be, really, for Peter Jackson — a person who is Peter Jackson — to "persuade" Warner Bros. that he can give the studio yet another epic Tolkien trilogy? Because that other one did fairly well, doncha know… (via Geek Tyrant)