In a recent interview, Peter Jackson (Lord of the Rings) said that The Hobbit won’t be filming in March as previously reported, and that he expects it to start shooting next summer. Warner Bros. is now expected to release part one of the film at the end of 2012 and the concluding installment at the end of 2013. No official release dates have been confirmed.

Jackson said,

‘We’re currently working on the second script which we hope to have completed by the end of this year or beginning of next. When the scripts are completed, we can begin with the exact calculation of the necessary budget. We hope to start filming in the middle of next year. However, we’ve received no green light from the studio yet.’