Yes! Stuff is more summarized, more than LOTR [I think], I assume because it's a children's book

My new headcanon I feel like that The Hobbit movie is the real events, and book is translated for kids or whatever

What is striking me more than anything is how in the movie the dwarves get to be more epic and noble or something, but in the book it's just like OOH SHINY THINGS and they're always talking about getting the treasure and not so much reclaiming their homeland, sort of thing