Walt Disney Pictures has set a December 21, 2012 release date for Lone Ranger, which adds another high-powered title to an already busy month.

The Hobbit: An Unexpected Journey will hit theaters one week earlier on December 14, 2012. Life of Pi and Hunter Killer are currently slated for a December 21, 2012 release.

Armie Hammer is starring as the Lone Ranger, while Johnny Depp will portray Tonto. The story is set in 1869 with Tonto saving the life of an anonymous Texas Ranger, who he then dubs the Lone Ranger.

Gore Verbinski is directing Lone Ranger from a screenplay by Justin Haythe, with Jerry Bruckheimer producing.

It is said production will start sometime later this year, although a specific shooting date has not been released.