"It's looking like it's going to be about ten minutes shorter than Fellowship was," Jackson said. "So it's going to be officially our shortest Middle-earth yet. I mean, Fellowship was just under three hours and this is about 2 hours, 40 minutes at the moment."
The time doesn't include the ending credits which haven't been added yet (and perhaps a post-credit scene), plus some effects shots that need to be finalized which could alter the time a bit.
But while we wait for the official running time announcement from Warner Bros. and/or Jackson, how about entering our Hobbit sweepstakes, which includes round-trip airfare for two to New Zealand, three nights hotel stay and two tickets to the world premiere of The Hobbit: An Unexpected Journey in RealD 3D!
If you don't win the grand prize, there's still other cool stuff to win. One second place winner will get an LG 47-inch Smart 3D HDTV and 10 runner-up winners will receive two Fandango movie tickets to see The Hobbit: An Unexpected Journey!
Entering is simple. Just fill out this form by 5 p.m. PST on Nov. 1, 2012. That's it!
The Hobbit: An Unexpected Journey is due in theaters on December 14 in RealD 3D, IMAX, IMAX 3D and regular 35mm.