In an appearance at a screening of Fellowship of the Ring at the Egyptian Theatre in Hollywood last night, Lord of the Rings director Peter Jackson stated that he had just completed cutting the Extended Edition of Return of the King before he left for this current trip to Los Angeles, and that it will be 4 hours and 10 minutes long, with a full fifty minutes of additional scenes.
Regarding extended DVDs in general, Peter Jackson said he didn’t know if he’d do one for every movie he does in the future, but that it just felt like it was natural and appropriate to do them for the Lord of the Rings movies. He said as they’d already shot nearly an hour of footage that wasn’t used in the theatrical releases of each of the films, and that they were legitimately part of the adaptations of Tolkien’s books, he felt they should be seen in an extended version, which isn’t necessarily better or worse than the theatrical version, just a fuller interpretation of the story.