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Bob Weinstein (L) and his brother Harvey Weinstein, the founders of The Weinstein Co., pose at the premiere of the film "1408" in Los Angeles, California in this file photo taken June 12, 2007. REUTERS/Fred Prouser

Weinstein brothers sue Time Warner over 'Hobbit' films

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By Jonathan Stempel

NEW YORK - Movie producers Bob and Harvey Weinstein have sued Time Warner Inc for at least $75 million over its decision to divide the screen adaptation of J.R.R. Tolkien's book "The Hobbit" into three parts, and refusing to pay them for the second and third films.

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