First look at The Hobbit as trailer is released

JAMES FISHER/(C) 2011 NEW LINE PRODUCTIONS, INC.

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The film has weathered financial catastrophe, legal battles and even a fire on set, but it seems that the curse of The Hobbit may have finally lifted, as the first trailer makes it to our screens.

The highly anticipated preview shows many of the epic hallmarks that made Peter Jackson’s adaptation of J.R.R. Tolkein’s The Lord of the Rings film trilogy so successful.

The trailer begins with an elderly Bilbo Baggins (Ian Holm, reprising his role) writing a letter to his young nephew Frodo. “My dear Frodo, you asked me once if I had told you everything there was to know about my adventures. While I can honestly say I have told you the