Twitch has learned from a source within the production that the current edit of Iceman 3D is somewhere in the region of 3.5 hours long, and rather than dump the extra footage to get the film down to a more audience-friendly two hours, producers have opted to cut it in half, releasing Part 1 this Christmas and Part 2 at Chinese New Year 2014.
With the film's budget apparently now double what was originally intended, this seems like a smart way of maximising Iceman's chances of turning a profit at the box office. The film has already been sold internationally to Well Go USA, and now has the potential to double its ticket and home video sales. Look out for an official announcement soon.