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New trailer released for 'The Hobbit' (VIDEO)

Thursday - 9/20/2012, 1:05am  ET

WASHINGTON - Anyone who has read J.R.R Tolkien's "The Hobbit" knows how it ends, but that hasn't stopped fans from "geeking out" over the newly released trailer for the upcoming movie.

"The Hobbit" hits theaters on Dec. 14 and will star Ian McKellan will be reprising his role as Gandalf while Martin Freeman takes the title role of Bilbo Baggins. Cate Blanchett is also one of the stars.

Check out the new trailer below.

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