New cut of the film will include 13 minutes of additional footage; release timed with second film, 'The Hobbit: The Desolation of Smaug' Warner Bros. will release an extended edition of “The Hobbit: ...
"The Hobbit: An Unexpected Journey," released by the Warner Bros. banner New Line Cinema and MGM, is rated PG-13 for extended sequences of intense fantasy action violence, and frightening images.