this post was submitted on 07 Dec 2023
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That wasn't really on Jackson from what I understand. He originally wasn't even going to be directing the Hobbit films, but had to come in after the original director had other obligations and things were a mess when he got there. I believe the studio had already decided that it would be three films as well, but I could be misremembering.
He could have quit the project though.
He could've quit as much as you could've started it.
My understanding is that he (at least partially) did it so other people wouldn't be out of their jobs. Some of which he might already know from the LOTR trilogy.
Who knows if the project would have continued without Peter Jackson stepping in.