In 1936, King Edward VIII abdicated his throne for the "woman [he] loved." That woman? Wallis Simpson, a twice-divorced American socialite, who had stolen King Edward's heart. So, did they live happily ever after? That's the crux of 'W.E.,' the new film from director Madonna that tells the story of Wallis and Edward (the titular W.E.) through the eyes of a lonely New Yorker named Wally Winthrop (Abbie Cornish). Moviefone is happy to present the exclusive first trailer for 'W.E.' above; to learn more about the film, head over to the just-launched website by clicking here.