October 24, 2014
NEW YORK (AP) - Harvey and Bob Weinstein have sued Warner Bros.' New Line Cinema claiming they're owned a share of the profits from the second and third "Hobbit" films.
In a suit filed Wednesday in New York, the Weinsteins say their 1998 sale of the rights to J.R.R. Tolkien's "The Hobbit" and "The Lord of the Rings" trilogy to New Line applies to all subsequent "Hobbit" films. Warner Bros. elected to split "The Hobbit" into three films, the second of which opens in theaters Friday.
Warner Bros. responded with a statement calling Weinstein's sale of "The Hobbit" rights "one of the great blunders in movie history." The studio says the Weinsteins and Miramax agreed to be paid only for the first film based on "The Hobbit," and it says "that's all they're owed."
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.