First look: 'The Hobbit: An Unexpected Journey"

The trailer for the highly anticipated movie directed by Peter Jackson has been released.

Bilbo Baggins, a Hobbit, journeys to the Lonely Mountain accompanied by a group of dwarves to reclaim a treasure taken from them by the dragon Smaug.

Gandalf the Grey is back along with a host of characters from the 'Lord of the Rings' franchise, including Gollum.

It unravels the story of how a simple looking gold ring became to affect inhabitants of Middle-earth in ways Bilbo cannot begin to know.