An early Christmas gift for Lord of the Rings fans: The first official trailer for the first part of Peter Jackson's two-part adaptation of The Hobbit has been released, reports Wired. An Unexpected Journey, one of 2012's most hotly anticipated releases, stars Martin Freeman as Bilbo Baggins and will be out next December. The trailer reveals plenty about Jackson's plans for his second outing in Middle Earth, and makes it clear that new material he has written based on JRR Tolkein's other writings won't be saved for the second movie, notes Cinema Blend. (More The Hobbit stories.)