You may have missed it in theaters, but you’re getting the second chance to catch Catherine Hardwicke’s Red Riding Hood in the comfort of your own home with a FREE iTunes download of the film.

Here’s the synopsis of the film, for those who missed it.

Catherine Hardwicke (Twilight) directs a fantasy thriller that puts a haunting twist on the classic fairy tale. For years the villagers of Daggerhorn have maintained an uneasy truce with a werewolf – but the beast changes the stakes by killing the older sister of beautiful young Valerie (Amanda Seyfried). Promised in marriage to one man but in love with another, Valerie has her life dramatically affected yet again by the creature’s bloody actions.

When a werewolf hunter warns that the beast takes human form by day and walks among them, panic sets in as the death toll rises. And Valerie learns she has a unique connection to the wolf that inexorably draws them together, making her both suspect…and bait. Gary Oldman, Billie Burke, Shiloh Fernandez, Max Irons, Virginia Madsen, Lukas Haas and Julie Christie also star.

Watch it your way, On Demand, For Download and on Blu-ray combo pack. http://bit.ly/j61o6l

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Little Red Riding Hood is a story that has been reshaped and revised for hundreds of years. It has been touched by the hands of Charles Perrault, the Brothers Grimm and more recently by computer animation in Hoodwinked. Only a red cape, a grandmother, a wolf and the woods are necessary to deem a story a retelling of this classic fable. Catherine Hardwicke’s Red Riding Hood contains all of these elements, but little beyond these symbols exist to connect her story to its more classical narrative.

In this rendition, the girl cloaked in red is no longer a child, but now a young woman. She lives in a medieval village that is isolated from the outside world because of an evil creature that haunts and torments the town. Monthly, during each full moon, the townsmen sacrifice their finest livestock to keep the beast’s murderous tendencies dormant. Violence still erupts, though, and a young woman is slaughtered. The victim’s inconsolable sister is Valerie (Amanda Seyfried) and the rightful owner of the nearly blood red cloak. Her grief for her deceased sister is immense, but her ultimate torment comes from the agony of a star-crossed romance with a man that she cannot have.

Peter, played by Shiloh Fernandez, is that one true love. He is a dangerous and handsome woodcutter, destined to be poor, but consistent in his broody sex appeal. Tragically, she is betrothed to Henry (Max Irons). Henry is an amicable, attractive and quite wealthy fellow, but far too passive and decent to win Valerie’s heart. She has no fire for him, but his love to her remains true. Basically, just think of Team Edward and Team Jacob and nearly all of the details regarding the love triangle will be explained.

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As if the first trailer for Warner Bros’ Green Lantern wasn’t enough earlier today, we’re getting yet another cinematic treat in the form of the first trailer for Warner’s Red Riding Hood is now showing it’s face.

The film comes from Twilight and Thirteen director Catherine Hardwicke, and stars upcoming actress Amanda Seyfried, so you know there is a built in teen audience well before the trailer even hit. Here’s the official synopsis.

In “Red Riding Hood,” Seyfried plays Valerie, a beautiful young woman torn between two men. She is in love with a brooding outsider, Peter (Shiloh Fernandez), but her parents have arranged for her to marry the wealthy Henry (Max Irons). Unwilling to lose each other, Valerie and Peter are planning to run away together when they learn that Valerie’s older sister has been killed by the werewolf that prowls the dark forest surrounding their village.

For years, the people have maintained an uneasy truce with the beast, offering the creature a monthly animal sacrifice. But under a blood red moon, the wolf has upped the stakes by taking a human life. Hungry for revenge, the people call on famed werewolf hunter, Father Solomon (Gary Oldman), to help them kill the wolf. But Solomon’s arrival brings unintended consequences as he warns that the wolf, who takes human form by day, could be any one of them. As the death toll rises with each moon, Valerie begins to suspect that the werewolf could be someone she loves. As panic grips the town, Valerie discovers that she has a unique connection to the beast–one that inexorably draws them together, making her both suspect…and bait.

We already have our theory about the film based on the trailer. Check it out after the jump and weigh in. Red Riding Hood hits theaters on March 11th.

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