208 minutes (3 hours, 28 minutes).

The "Fellowship" runtime is currently a "hot" topic due to a resurgence of Middle-earth content and marathon viewing culture:

He grins. “As in, dangerously long. Would watch again.”

More scenes of the Fellowship struggling against Saruman’s magic, emphasizing the harshness of the journey. D. Gift-Giving in Lothlórien

This lasting popularity has led to the Extended Editions being celebrated with frequent theatrical re-releases. For instance, Fathom Events held a three-day theatrical event for the 25th anniversary, where all three Extended Editions were screened back-to-back.