Part 1: Siegfried In
Worms, capital of the
kingdom of Burgundy,
Rüdiger von Bechelaren,
margrave of
Bavaria, arrives in embassy with
Blödelin, brother of king
Etzel, in order to ask for the hand of
Kriemhild, sister of
King Gunther, for the king of the Huns, but she refuses. However,
Giselher, the king's brother, and Rüdiger's daughter Hildegund fall in love, and Rüdiger happily consents to this marriage. The minstrel
Volker von Alzey then extols the virtues and exploits of the hero
Siegfried of Xanten. Son of King
Siegmund of Xanten, he finishes his apprenticeship with the dwarf
Mime and forges a magnificent sword. Learning that the
dragon Fafnir is terrorising the region, he decides to challenge him in his cave. He kills him and then follows the advice of a bird and bathes in the dragon's blood, which makes him invulnerable except for a spot on his back where an ash leaf has landed. He ventures into the territory of the
Nibelung and seizes their legendary , stolen from the daughters of the Rhine by the king of the Dwarves,
Alberich, as well as the
magic helm which allows him to make himself invisible by pronouncing a magic formula. Siegfried then travels to
Iceland, where he rescues the queen of the country,
Brunhild, prisoner in a palace made inaccessible by the volcano. She falls in love with him and he promises to come back for her. However, Siegfried arrives among the Burgundians and falls in love with Kriemhild, sister of King Gunther. After he helps King Gunther to repel an invasion of the King of Saxony, whom he takes prisoner, Gunther can no longer refuse Kriemhild's hand to Siegfried. One of his vassals,
Hagen von Tronje, a man in black with an iron helm adorned with raven's feathers, makes a proposal: Siegfried will marry Kriemhild if he helps Gunther to obtain the hand of Brunhild. Using his strength and his magical helm, Siegfried helps Gunther to defeat Brunhild in the three trials that she imposes to her suitors. After returning to Worms and celebrating the double wedding, Brunhild resists the king's advances on their wedding night, so that Gunther is forced to ask again help from Siegfried: using his helm, he overpowers Brunhild and removes her magic belt, source of her power. However, Kriemhild discovers what happened and, jealous of Brunhild's status as queen and rival for Siegfried's heart, she reveals in public to the new queen of the Burgundians the role played by Siegfried. Outraged, Brunhild demands the death of Siegfried from Gunther. A hunting party is organized and Kriemhild, thinking to protect her husband, shows Hagen where her husband's vulnerable spot is by sewing a cross on his tunic. Hagen points Siegfried to a spring of fresh water and hits him in his vulnerable spot with a javelin. Despite Kriemhild's despair, the Burgundian princes protect Hagen. She then swears that she will have no rest until Siegfried's murderer is punished.
Part 2: Kriemhild's vengeance Kriemhild cannot forget Siegfried and his cowardly assassination by Hagen von Tronje, who remains the protégé of the Burgundian clan. She gives birth to a child conceived with Siegfried and she also decides to distribute the gold from the Nibelungen treasure, inherited from her husband, to the population, in order to turn them against Gunther and Hagen. The rest of the treasure is then stolen by Hagen, who throws it into the
Rhine after getting rid of Alberich, who wanted to take it back. When Kriemhild decides to flee to Xanten, Hagen and Gunther agree to kidnap Siegfried's son and have him brought up in a monastery, so that one day he cannot be dangerous to them or lay claims to the throne. However, he dies while Kriemhild's convoy is attacked by Hagen's henchmen. Margrave Rüdiger saves Kriemhild and brings her to the
Danube, where she accepts King Etzel's marriage proposal in order to carry out her revenge against Hagen. Years later, a child is born, named
Ortlieb, and the Burgundians are invited by Etzel to celebrate his baptism. On the road that takes them from Worms to Hungary, where Etzel and his court reside, Hagen talks to water fairies, who tell him that none of them will return alive except the chaplain. Hagen then kills the boatman who did not want to let them cross the river in his boat. After all the Burgundians have safely crossed, Hagen tries to drown the chaplain to thwart the prophecy; however, he manages to swim to the other side, and Hagen understands the veracity of the prediction, which he reveals to his companions. They are welcomed in Bavaria by Rüdiger, Giselher's father-in-law, and they are then taken to Etzel. By order of Kriemhild, Etzel's brother Blödelin and his men try to provoke the Burgundians, but he ends up being killed by Hagen in self-defense. A gruesome slaughter ensues during the banquet, in which Ortlieb is killed by Hagen. When Etzel seeks retaliation, he himself narrowly escapes death. Kriemhild offers to let Gunther and her other relatives leave in exchange for Hagen's head, but they all refuse, so she orders to set on fire the palace where they are entrenched. Despite his daughter's tears, even Rüdiger has to fight his son-in-law Giselher, and they both mortally wound each other.
Gernot is killed by the archers and only Hagen and Gunther escape.
Dietrich von Bern and his armourer
Hildebrand finally manage to take Hagen and Gunther prisoners. Gunther stands by Hagen until the end and bleeds to death before Kriemhild's eyes, severely wounded. In rage, Kriemhild strikes Hagen with Siegfried's sword
Balmung before killing herself with the same sword. Rüdiger's daughter Hildegund and the minstrel Volker von Alzey, who was blinded during the fight, are the only Burgundians to embark on the long march back home. ==Cast==