LOS ANGELES, California (Reuters) — Hobbits held sway at movie theaters around the world over the Christmas holiday weekend as the final installment in the “Lord of the Rings” trilogy powered towards $500 million after less than two weeks. According to studio estimates issued on Sunday, “The Lord of the Rings: The Return of the King” has grossed $492.1 million from North America and 38 countries elsewhere. [More]