Yeah it does. They have the same issue they did in the past. There is no way they will be able to fit all that content with the FFXV engine, especially if they plan on adding content, cut scenes, and story into one disc. I don't think FFXV will be one disc, and that won't be nearly as long story wise.
You guys are parroting this narrative that Square is trying to milk the product for every dime, they could've been done that if that was the case. They could have made 10 Advent Children's by now and they all would have sold. If they make the game into three episodes what's the big deal? The same people complaining have no problem buying COD yearly, and playing Destiny with its quarterly DLC that you have to buy in order to keep playing.
There's no proof that Square is doing this for any other reason then genuine time and effort.