27 November 2013 5:05 PM, PST | Variety - Film News | See recent Variety - Film News news »

Hollywood is going the distance this holiday season.

Two of the biggest movies this Christmas, “The Hobbit: Desolation of Smaug,” and Martin Scorsese’s “The Wolf of Wall Street,” are close to three hours in length, according to studio sources.

Peter Jackson’s “Hobbit” sequel is 2 hours and 40 minutes while the official running time of Scorsese and Leonardo DiCaprio’s “Wall Street” is a howling 2 hours and 59 minutes, the longest film of Scorsese’s career.

The Wolf of Wall Street,” co-starring Jonah Hill, opens Christmas Day.

“It’s a very fast movie,” Terrence Winter recently assured of the R-rated film, while one Paramount exec described it as “nutty, debaucherous, great.”

The gangly running times, despite cutting into moviegoers’ holiday festivities, don’t seem to bother showbiz execs.

Warner Bros. and New Line’s first “Hobbit” film was 20 minutes longer than next month’s “Desolation of Smaug” and went on to »

- Stuart Oldham

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