The Hobbit: An Unexpected Journey was released on December 14, 2012, with the second film, The Hobbit: The Desolation of Smaug, releasing December 13, 2013, and the third film, The Hobbit: There and Back Again, slated for July 18, 2014.

The adventure follows the journey of title character Bilbo Baggins, who is swept into an epic quest to reclaim the lost Dwarf Kingdom of Erebor from the fearsome Dragon Smaug. Approached out of the blue by the Wizard Gandalf the Grey, Bilbo finds himself joining a company of 13 Dwarves led by the legendary warrior, Thorin Oakenshield. Their journey will take them into the Wild, through treacherous lands swarming with Goblins, Orcs and deadly Wargs, as well as a mysterious and sinister figure known only as the Necromancer.

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 ingenuity 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.

Source: Warner Bros. Home Entertainment