From what I’ve read, as well as from the preview trailer below, it appears that the new Hobbit film series uses, as a frame story, Bilbo telling his story to Frodo. This is not unexpected, and I’m sure it proves most suitable.
But my imagination has taken me in a slightly different direction, in which the narrator is Gimli the dwarf, who happens to know Bilbo’s book very well, but has been known to take off from it in his own direction.
It is a pleasant spring day in the court of Gondor, as King Elessar, Queen Arwen, and their three young children are enjoying a visit from old friends Legolas and Gimli. As usual for these visits, the grown-ups are conversing on the bench next to the garden gate as the children sit cross-legged before them, listening to Gimli telling dwarf stories. Today there’s a bit of extra excitement in the air, as more company is soon expected, namely the Mayor of the Shire, Sam Gamgee, along with his wife Rosie and their own children.
The royal children of Gondor don’t remember meeting Hobbits before, as Eldarion and his sisters are too young to remember the last time that the Gamgees came for a visit, so after hearing one tale of dwarf adventures, they beg, “Tell us a hobbit story!” “Yes, we want to hear a hobbit story, Uncle Gimli!”
“Oh, but don’t you want to hear more of the daring exploits of the Dwarves?” “We want to hear a hobbit story!” they insisted. “Oh, all right then, I think I do know a hobbit story” he grumbled, but in fact Gimli had planned this all along, and had a special story up his sleeve, a true story involving one hobbit and a whole company of dwarves.
“Be sure to get it right, now!” Legolas goaded Gimli with a knowing grin. He had heard Gimli tell this same story to a group of young elves, and though Gimli had a remarkable recall of Bilbo’s book, he tended to expand and slightly exaggerate his own father’s role in the adventure, so much so that several of the elf children had thought afterwards that the leader of the dwarf company was Gloin rather than Thorin Oakenshield. “Yes, yes, of course I’ll get it right! Well then, where shall I begin?” he muttered in feigned puzzlement. He paused for his audience to hush down and lean in closer, and the children noticed that the grown-ups were also hushing and listening, a little more than usual.
“In a hole in the ground there lived a hobbit. Not a nasty, dirty, wet hole … it was a hobbit hole, and that means comfort.” Gimli enunciated each word in the description of the hobbit hole with an enthusiastic verve that kept the children giggling, and even as he entertained the kids, he kept on making eye contact with Legolas as if to say, Notice how well I know Bilbo’s book word for word, eh? Legolas got the message and chuckled.
“… This hobbit was a very well-to-do hobbit, and his name was Baggins,” Gimli continued, and as the King of Gondor sat on the bench listening to Gimli, he sighed when he heard the name “Baggins” and closed his eyes, recalling Bilbo, remembering Frodo. Aragorn (as many still knew him) and Arwen never intended to hide anything from their children, of course, and the day would come when they would know all about the War of the Ring. But out of sheer weight of emotion the royal parents hadn’t yet told them anything about this story. Yes, Aragorn thought to himself, the time has come on this pleasant day for our children to know this story, and to come to understand the simple wisdom and great courage of the small people who won for us this freedom and happiness. And yes, I’m glad that Gimli is here to tell the tale.
Eldarion saw it happen. He saw his father close his eyes and sigh deeply at the sound of the name “Baggins,” and all at once he felt several new, unexpected, and very grown-up things. First of all, he had heard the name Baggins a year or two before, and laughed. It had then struck him as funny that “bag” might be part of someone’s name, and when he heard that there were even hobbits named Sackville-Baggins, he laughed even harder. But now he realized for the first time that someone named Baggins might, in fact, be a very important person, and it got his attention all the more. Furthermore, Eldarion realized at once that the story Gimli was now telling was no ordinary story, but the beginning of possibly the most important story he had ever heard. And there was something more: looking at his father, he saw him for the first time not as Daddy, but as a man called Strider. Of course he already knew that some had nicknamed his father Strider, and Daddy seemed to like that nickname. But all at once he understood that nickname very literally, and saw him not just as father and king but as a traveler on a long, hard road, and somehow this Baggins was a fellow traveler on the same road. And the thought occurred to young Eldarion that hearing this story of Mr. Baggins was somehow his own first step on the long journey. Words to a song came to him, a song which he had heard his father and mother sing; “The road goes ever on and on …” It was a little scary, perceiving his father as a sort of a brother rather than as Daddy, but he liked the feeling.
This flood of new, grown-up feelings distracted Eldarion from the story for a moment. He looked up again at his father and saw him looking straight back at him. He feared for a moment that he was in trouble, but in fact Strider was looking back at his son with a deep, serene smile, eyes filled with love, saying nothing. They held eye contact for a moment, and Eldarion got the distinct impression that his father knew about everything he’d just experienced, and that he approved; they shared this secret together, father and son. He looked toward his mother, who also was looking at him with a bright smile, but a slightly more parentally directive one. She averted her eyes in Gimli’s direction as if to say, listen now to the story. Instantly Eldarion was back on track with the story and wasn’t distracted again till it was done, especially after he heard Gimli drop another name which he knew he had heard before:
“Gandalf came by. Gandalf! …”