Edit, 2014: Uh so apparently Peter Jackson liked this old painting of Ungoliant well enough, that it will be included on the dvd/bluray of the behind the scenes release for The Hobbit 2! 0_0
This redone version with slightly adjusted lighting will appear in the mini-documentary about Ungoliant, Shelob, and the other spider monsters from the lore!
Ungoliant and Melkor/Morgoth contesting ultimate power
Edit: Added bristly spider hair and adjusted the shading.
related work: rubendevela.deviantart.com/art…