Do you think this is solely a money-making exercise, or are you happy at so much bang for the buck?
Film One - up until the barrel escape
Film Two - all of Smaug and Laketown until his death
Film Three - Battle of Five Armies and its fallout
It's all extended because there's all the stuff in the LOTR Appendices timeline about the White Council and their suspicions about who the Necromancer might be, and then their attack on Dol Guldur and driving him out (SPOILER he later arises as Sauron in Mordor).
Is this the geekiest first post ever?