Facebook page that the rumours of a third Hobbit film are, in fact, true.
"We know how much of the story of Bilbo Baggins, the Wizard Gandalf, the Dwarves of Erebor, the rise of the Necromancer, and the Battle of Dol Guldur will remain untold if we do not take this chance," he explains. "The richness of the story of The Hobbit, as well as some of the related material in the appendices of The Lord of the Rings, allows us to tell the full story of the adventures of Bilbo Baggins and the part he played in the sometimes dangerous, but at all times exciting, history of Middle-earth."
Sir Ian McKellen even confirmed this on Twitter, simply stating: "Two HOBBIT films will become THREE."
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UPDATE: According to Deadline NY, the third Hobbit film will be released in summer of 2014.
FURTHER UPDATE: The third 'Hobbit' film will NOT serve as a bridge film, but will instead help to tell the story of The Hobbit in three parts.