Uhhh ... what sequel? Bilbo returning home and living quietly for 60 years? That's how I remember the story.
two and a half hours of baking and eating. numm numm
I suspect they will create a new story about the Hobbits, including his nephew, Frodo, and perhaps about the battles in which young Aragorn and Theoden, King of Rohan, faced together.
I recall there was talk of splitting the novel into two films -- maybe that's what the writer means.
Apparently, the entire story will be broken up into two movies, like part 1 and part 2. I’m not sure how I feel about this, because on one hand it is only one book and it would be nice to see it all at once, but on the other hand I don’t think the whole book can be properly done in less than three hours or so. The LOTR books are longer, but they contain more descriptions and slow, boring sections (like Frodo and Sam going into Mordor) that could be considerably shortened in movie form, and Peter Jackson couldn’t even fit all of the books into one movie each.
Well--during those years the story of Aragorn would be interesting--he would be a child in Rivendell and a young man about Middle Earth. Also, Sauron was coming to power and Gollum imprisoned and searchiing for the lost ring.