Smaug Stirs in New 'Hobbit' Trailer

Bilbo Baggins learns exactly why the dwarves need a burglar

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Something is stirring under the mountain in a new trailer for The Hobbit: The Desolation of Smaug, and it's not just a dragon. The latest extended look at the second installment of Peter Jackson's Lord of the Rings prequel trilogy offers a stronger sense of the divisions Smaug and the treasure he guards are causing in the outside world, as dwarf leader Thorin Oakenshield hears a foreboding prophecy and Bilbo Baggins learns exactly why the dwarves' expedition has need of a burglar.

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Smaug is not the only evil to contend with: the white orc remains in pursuit of Thorin, giant spiders haunt the woods and the wizard Radagast warns Gandalf of a greater power gathering its strength – all of which seem to recede in importance when Smaug, voiced by Benedict Cumberbatch, declares in ominous tones, "I am king under the mountain."

The Hobbit: The Desolation of Smaug hits theaters on December 13th. The first movie, 2012's An Unexpected Journey, has grossed more than $1 billion worldwide so far. The third and final segment, There and Back Again, is due next year.

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