As a "Lord of the Rings" fan, I am stoked at the news Peter Jackson will make "The Hobbit" a trilogy.

Mr. Jackson stated after looking at a rough cut from the first film and part of the second film, there's room for a third.

I say, "Yes, Yes, Yes."

One of the main reasons is that according Jackson the tale of Bilbo Baggins based on J.R.R. Tolkien's books would be left untold.

The story line is set 60 years before "The Lord of the Rings," so welcome to Middle-Earth once again.

"We recognized that the richness of the story of 'The Hobbit," as well as some of the related material in the appendices of 'The Lord of the Rings" gave rise to a simple question: do we tell more of the tale?" Peter Jackson said.  "And the answer from our perspective as filmmakers and fans was an unreserved 'yes.'"

We refers to Jackson and his writers --  his wife Fran Walsh, Guillermo Del Toro and Phillipa Boyens.

Now with a third film we can expect to see the story lines that entail (aside from the story of Bilbo Baggins) the Dwarves of Erebor, the rise of the Necromancer and the Battle of Dol Guldur.

Warner Bros. and MGM will remain partners throughout the trilogy.

"The Hobbit: An Unexpected Journey," hits theaters Dec. 14, while the second, "The Hobbit: There and Back Again" is set for release on Dec. 13, 2013 and the third film is expected in the summer of 2014.