The blogosphere is abuzz with rumors that Summit Entertainment will split the fourth book in Stephenie Meyer's 'Twilight' series into two films.

'The Twilight Saga: Breaking Dawn,' which is slated to go into production in October for a 2011 release, will most likely be produced back-to-back as two films, much like the last Harry Potter film and episodes two and three of 'Pirates of the Caribbean.'

According to a report at Hollywood Insider, the studio most likely will make a decision next week, though for now Summit is keeping a tight lip: "No decision has been made and as we have said all along we are continuing to work with Stephenie Meyer to bring BD to the big screen."