Today the Digital Bits website posted this rumor:
What’s more, our sources are NOW telling us that WHV (and their now in-house New Line label) is ALSO planning to release Peter Jackson’s long-awaited The Lord of the Rings Trilogy: Extended Editions on Blu-ray sometime this year. No kidding. We suspect that, now that The Hobbit films are finally about to begin filming, the studio is eager to get more product on store shelves to keep the franchise fresh in the minds of fans. The Extended Rings films on BD are the obvious choice for this year. Farther down the line, of course, there will be the obvious Blu-ray and Blu-ray 3D version of The Hobbit films, and sooner or later an “ultimate” box set of all the films with all new extras custom created by Jackson. Anyway, our sources tell us to expect some kind of official news on all this (re: Rings Extended and Kubrick) from the studio in the next several weeks.
(The reference to Kubrick is to another rumor that Lolita and Barry Lyndon will also soon be released on Blu-ray.)
Originally the Blu-ray editions were supposed to come out just before the first part of The Hobbit at its original release date, i.e., December, 2011. Of course, the first part is now scheduled for December, 2012, but if the team responsible for the Blu-ray set leaped into motion with a 2011 deadline in mind, maybe the set will be ready this year. The notion of keeping attention on the franchise during 2011 makes sense. Peter had suggested that the pre-Hobbit release would be the ultimate LOTR DVD set, including things like deleted scenes (not cut into a more extended version of the film, but as extras). Will there be anything left for a Hobbit/LOTR combined ultimate set? I should note that the idea of a vast Hobbit/LOTR box set to come out after the second Hobbit part has not previously been mentioned, as far as I know, at least from sources within the production.
But again, this has strictly the status of rumor at this point.
(Thanks to Lee Tsiantis for the heads-up on that posting!)
[Added later the same day: MrCere over on TheOneRing.net thinks this information is accurate. He weighs the possibilities that the Blu-ray extended editions released this year will not have new supplements and that any substantial new material will have to wait until the five parts of the two films can be packaged together years down the road.]