In mythic pre-historic times, a young hobbit named Frodo Baggins inherits a magic ring from his elderly cousin Bilbo. Wise to the powers that the magic ring holds, the dark Lord Sauron wants it, knowing it will enable him to enslave the people of Middle Earth. In his effort to thwart Sauron, Frodo recruits the fellowship of a wizard, an elf, a dwarf and others, on a mission to destroy the ring by casting it into the volcanic fires of Mount Doom, where it was made. However, the ring unleashes its own powers as a result of the struggle...

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