The Hobbit: An Unexpected Journey has missed out on nominations in the directing, acting and overall best picture categories for the 2013 Academy Awards.
However, the Peter Jackson epic picked up three Oscar nominations for technical awards.
The first film in The Hobbit trilogy was nominated for makeup and hairstyling, production design and visual effects at the Oscar nomination ceremony hosted by Emma Stone and Seth MacFarlane overnight.
By comparison, The Fellowship of the Ring, the first of The Lord of the Rings films, was nominated for 13 awards, including best picture and best director.
The film won four Oscars - claiming best cinematography, visual effects, makeup and original score.