from Lalwende
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Star Wars is interesting because if you wanted to follow the story of what happened, going to see the films was the only way to find that out! Of course this doesn't happen with films based on blockbuster books.
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The last three movies, which were actually the first three movies in the series, told a story that every single SW fan already knew how it ended. Anakin becomes Darth Vader. Any fan worth his light saber knew that as well as he/she knew their own name -- heck, for some of them they knew that development even better. Nobody had to pay a dime to find that out.
The real question about sequels to GC is this: with two more massive budget Middle-earth movies on their plate over the next few years, does the studio want to compete with itself both in time, energy, and resources for another fantasy which did not track very well in the number one film market in the world?
If GC could be made for under $50 million US, the answer might be yes. But with the same budget it had the first time, I would expect the answer to be no. And a lesser budget is not going to solve the problems that Lalaith mentioned, too short running time and not epic enough. Those things cost even more money then they spent the first time.