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Bilbo Baggins (Martin Freeman, the titular Hobbit) is tricked by Gandalf (Ian McKellen) into hosting a party for Thorin Oakenshield and his band of twelve dwarves.
The band sing of reclaiming their rightful home under the Lonely Mountain, and the vast treasure that lies there, stolen many years ago by the dragon Smaug.
After a spot of light coercion, the group set out on their quest, an epic journey that sees them encounter trolls, goblins, giant spiders, and the mighty dragon Smaug... as well as a creature named Gollum, and a certain ring.
Peter Jackson, Academy award-winning director of The Lord Of The Rings, returns to direct the JRR Tolkein classic that started it all. Although it wasn't always set to be so, with Jackson only stepping up after Guillermo del Toro left the project.
The Hobbit: An Unexpected Journey opens on 14 December 2012. Part II (also known as The Hobbit: There And Back Again) opens on 13 December 2013. That's two years of Christmas viewing sorted.
Hungry for more? Read our complete guide to The Hobbit.
And tell us what you think about The Hobbit: An Unexpect Journey in the comments box below.