"The Hobbit: An Unexpected Journey" is expected to pass the $1 billion milestone at the worldwide box office this weekend, The Hollywood Reporter said.
"The Hobbit: The Desolation of Smaug" is to storm theaters Dec. 13, 2013.
The Hollywood Reporter said the final flick in the series, "The Hobbit: There and Back Again," is to open Dec. 17, 2014 -- five months later than originally announced.
The new date means "There and Back Again" won't be competing with the science-fiction adventure "X-Men: Days of Future Past," which is set to open in July 2014.
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