A spoof of The Fellowship of the Ring (specifically, the Council of Elrond scene) from the 2002 MTV Movie Awards.
Did You Know?
Originally aired at the 2002 MTV Movie Awards. It can be seen as an easter egg (hidden feature) on the Region 1 (North America) Extended Edition DVD of The Lord of the Rings: The Fellowship of the Ring
(2001) . To find it, go to the Chapter Selection section of Disk 1, scroll down past the final chapter (The Council of Elrond), and a golden ring will appear. Push play to see it, with an introduction by Peter Jackson
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So, You're telling us that you took the fabled ring of Sauron, the ONE ring that could destroy all of Middle Earth and attached it to... your... your... little Hobbit there?