December usually means our first look at full-length trailers for the following summer’s biggest movies and this year it is no exception. Warner Bros. is dominating thus far, with debuting the trailers for The Dark Knight Rises, Wrath of the Titans, Jack the Giant Killer, Rock of Ages and now, perhaps the biggest of them all.

We’ve seen glimpses of Peter Jackson‘s first prequel to The Lord of the Rings, The Hobbit: An Unexpected Journey, in a series of video blogs, but now the first theatrical, full-length trailer has arrived. It has warmer, glossier feeling than the previous ones and it seems like we’ve been through this journey before, but Peter Jackson does epic like few others directors. It isn’t one of my most-anticipated blockbusters next year, but it should be a fun ride. Check it out below via Apple.

Update: We’ve shared a 1080p screencap from every frame in the trailer at the link.

Synopsis:

“The Hobbit” follows the journey of 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.

The Hobbit: An Unexpected Journey opens on December 14th, 2012, and The Hobbit: There and Back Again will be released on December 13th, 2013.