Hollywood is going the distance this holiday season.
Two of the biggest movies this Christmas, "The Hobbit: Desolation of Smaug," and Martin Scorsese's "The Wolf of Wall Street," each have a running time close to three hours, according to studio sources.
Peter Jackson's "Hobbit" sequel, arriving Dec. 13, is two hours and 40 minutes with credits, while the official running time of Scorsese and Leonardo DiCaprio's dark "Wall Street" comedy is a howling two hours and 59 minutes, making it the longest film of Scorsese's career.
"The Wolf of Wall Street," co-starring Jonah Hill, opens Christmas Day.
"It's a very fast movie," Terrence Winter recently said of the R-rated film, while one Paramount exec described it as "nutty, debaucherous, great."
The running times, cutting into holiday shopping hours maybe, aren't exactly worrying showbiz execs.
Warner Bros. and New Line's first "Hobbit" film was 20 minutes longer than "Desolation of Smaug" and went on to earn over $1 billion worldwide in ticket sales last year. Similarly, Scorsese's 2003 film "The Aviator," which ran two hours and 48 minutes, achieved box office success with over $102 million domestically.
"If these were original properties with no-name talent, then it's a different story," one rival exec said. "I wouldn't worry."
In fact, "Hobbit" and DiCaprio fans get off easy compared to those planning to see Lars von Trier's upcoming sex saga "Nymphomaniac."
The "Melancholia" director's new movie, starring Shia LeBeouf and Charlotte Rampling, is over four hours long...and that's just the edited version.
A five-and-a-half hour cut, with additional explicit sex scenes, is expected to arrive in two parts shortly after its 2014 release.
2013 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC
'Wolf of Wall Street,' 'Hobbit' Clock In at Nearly Three Hours
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