Warner Bros. has released the first trailer for Peter Jackson’s The Hobbit: The Battle of the Five Armies, the epic final chapter in The Hobbit trilogy. While the first two films in the series raked in a ridiculous amount of coin, the magic doesn’t seem to be on par with The Lord of the Rings trilogy.

We blame Bilbo Baggins. The character just isn’t as likeable as Frodo… and he’s really ugly. Just saying. Thankfully, Evangeline Lilly (“LOST”) is still on board. The Hobbit: The Battle of the Five Armies arrives in theaters Dec. 17.

Peep it: