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(L-r) MARTIN FREEMAN as Bilbo Baggins and IAN McKELLEN as Gandalf in the fantasy adventure "THE HOBBIT: AN UNEXPECTED JOURNEY," a production of New Line Cinema and Metro-Goldwyn-Mayer Pictures (MGM), released by Warner Bros. Pictures and MGM.

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'Hobbit' extends No. 1 journey with $36.7 million

Tiny hobbit Bilbo Baggins is running circles around some of the biggest names in Hollywood.

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