February 27, 2017 | Updated at 03:10 PM EST The Latest Entertainment & Celebrity News

'The Hobbit: The Desolation of Smaug' Trailer: Trilogy Costs Over $561 Million, Peter Jackson Defends Multifilm Decision VIDEO

'The Hobbit: The Desolation of Smaug' Trailer: Trilogy Costs Over $561 Million, Peter Jackson Defends Multifilm Decision VIDEO

By Vanessa Frith, EnStars on Oct 04, 2013 06:09 PM EDT
facebook tweet this pin it reddit plus
Sign Up for Newsletter
The Hobbit: Desolation of Smaug
The Hobbit: Desolation of Smaug (Photo : Warner Bros./The Hobbit website)

A new trailer for The Hobbit: The Desolation of Smaug recently drew the praise of fans, but the total cost of production for the Peter Jackson trilogy will also make your jaw drop.

The three films comprise a prequel to the Lord of the Rings trilogy and, as a whole, cost $561 million to date, according to the Associated Press. The figure was gleaned from financial documents filled in New Zealand, the country that has provided the awe-inspiring scenery for The Hobbit and the Lord of the Rings.

Although this number alone makes the films more costly than the original Lord of the Rings trilogy ($281 million) and the Star Wars prequel trilogy ($343 million), according to Box Office Mojo, the price can still go up and does not include some recent shoots, according the the Associated Press.

However, Peter Jackson has defended the decision to make the single book by J.R.R. Tolkien into a multipart film.

"The book is written in a very brisk pace, so pretty major events in the story are covered in only two or three pages," Jackson said in December, according to The Hollywood Reporter. "So once you start to develop the scenes and plus you wanted to do a little bit more character development, plus the fact that we could also adapt the appendices of Return of the King, which is 100-odd pages of material that sort of takes place around the time of The Hobbit, so we wanted to expand the story of The Hobbit a little bit more, as did Tolkien himself."

The Hobbit: An Unexpected Journey debuted last December and raked in $303 billion. The Desolation of Smaug will hit theaters Dec. 13 while the last installment, There and Back Again, will be released in December 2014.

Check out the new trailer for The Desolation of Smaug below.

© 2017 Enstarz, All rights reserved. Do not reproduce without permission.

  • SEARCH ENSTARS

Latest News

Survivor

Will Troyzan Robertson Turn His Luck Around on His 2nd Survivor Season?

How do you expect Troyzan will do in 'Survivor: Game Changers'?

Nick Viall

Dancing With the Stars Rumored Cast Includes Nick Viall, Heather Morris & Charo

Check out the full list of rumored 'Dancing With the Stars' contestants slated to compete in season 24.

PlayStation 4

PlayStation Plus March 2017 Free Games Rumors, Release Date: Official Line-Up Announcement Expected To Come Out Soon

PlayStation Plus March 2017 free games predictions are out and the list includes: "Killzone: Shadow Fall," "Fat Princess Adventures" and "Middle-Earth: Shadow of Mordor."

Nintendo Switch Preview Event

Nintendo Switch News: Potential Technical Issues Revealed; Learn To Set Up Game Console [VIDEO]

Nintendo Switch’s interface may be one of the console’s best features.

Neil Patrick Harris

‘How I Met Your Father’ Finally Pushing Through: ‘This Is Us’ Writers Take Over the ‘How I Met Your Mother’ Spin-Off [VIDEO]

"How I Met Your Father" is finally happening at 20th TV. The much-awaited spin-off will be written by "This is Us" writers, Isaac Aptaker and Elizabeth Berger.

Real Time Analytics