4 December 2013 11:22 AM, PST | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »

The battle over The Hobbit gold is getting nastier than a fire-breathing dragon.  Warner Bros. and its New Line division have initiated arbitration proceedings against Miramax over former owners Bob and Harvey Weinstein's claims to a percentage of revenue from The Hobbit: The Desolation of Smaug. As THR reported Wednesday, the issue is whether the Weinsteins, repped by attorney Bert Fields, are owed a piece of Smaug similar to what they reaped from last year's The Hobbit: An Unexpected Journey -- a figure that a studio

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