This movie follows title character Bilbo Baggins, who is swept into an epic quest to reclaim the lost Dwarf Kingdom of Erebor, which was long ago conquered by the dragon Smaug. Approached out of the blue by the wizard Gandalf the Grey, Bilbo finds himself joining a company of thirteen dwarves led by the legendary warrior, Thorin Oakensheild. Their journey will take them into the Wild; through treacherous lands swarming with Goblins and Orcs, deadly Wargs and Giant Spiders, Shapeshifters and Sorcerers. Although their goal lies to the East and the wastelands of the Lonely Mountain first they must escape the goblin tunnels, where Bilbo meets the creature that will change his life forever … Gollum. Here, alone with Gollum, on the shores of an underground lake, the unassuming Bilbo Baggins not only discovers depths of guile and courage that surprise even him, he also gains possession of Gollum’s “precious” ring that holds unexpected and useful qualities … A simple, gold ring that is tied to the fate of all Middle-earth in ways Bilbo cannot begin to know.
My Thoughts?
This is to be a two-movie series. This could be good, this could be bad. Not sure how I feel about this, yet. On one hand, the story is rich enough to fill two movies. On the other hand, will the general public be willing to sit through TWO movies, to stick with a visual presentation of the story?
Either way, the movies will be breath-taking and epic. The making of the movies is ground-breaking, with the highest definition yet for digital movie-making. This will be a stunning visual experience.
Alas, we have to wait an entire year to see the first installment.

THE HOBBIT Trailer HD - For more movie news and interviews go to http://www.collider.com
Writers: Guillermo del Toro, Peter Jackson, Fran Walsh, Philippa Boyens
Director: Peter Jackson
Cast: Ian McKellen, Martin Freeman, Cate Blanchett, Orlando Bloom, Ian Holm, Christopher Lee, Hugo Weaving, Elijah Wood, Evangeline Lily, Andy Serkis, Richard Armitage
(Source: youtube.com)