30 May 2011 5:10 PM, PDT | Hitfix | See recent Hitfix news »

Warner Bros. and New Line Cinema put much speculation to rest today by officially naming and dating each installment of Peter Jackson's upcoming big screen adaptation of "The Hobbit." The first installment has been christened "The Hobbit: An Unexpected Journey" and will hit theaters on Dec. 14, 2012.  The second film shall be known as "The Hobbit: There and Back Again" and will debut on Dec. 13, 2013.   Currently, the only film set for an opening on either date is 20th Century Fox's "Life of Pi," but you can expect that Ang Lee adventure to quickly find another release window. »

- Gregory Ellwood

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