So, someone that loves the book decided to take all 3 movies, edit them down to remove all the shit that no purpose being in a movie (as most of it wasn't in the book, or was so jacked up, it should have been editted out), and has recompiled it all to be a single 4 hour movie
The result is The Hobbit: The Tolkien Edit
Some of the biggest cuts include:
-The investigation of Dol Guldor has been completely excised
-The Tauriel-Legolas-Kili love triangle has also been removed
-The Pale Orc subplot is vastly trimmed down
-Several of the Laketown scenes have been cut, such as Bard's imprisonment and the superfluous orc raid.
-The prelude with old Bilbo is gone.
-Several of the orc skirmishes have been cut.
-Several of the action scenes have been tightened up, such as the barrel-ride, the fight between Smaug and the dwarves (no molten gold in this version), and the Battle of the Five Armies.
-A lot of filler scenes have been cut as well.
Direct link to post: https://tolkieneditor.wordpress.com/2015/01/13/i-have-recut-peter-jacksons-hobbit-trilogy-into-a-single-4-hour-film/ tolkieneditor's website: https://tolkieneditor.wordpress.com/
Also, this is honestly how The Hobbit should have ended: