{"id":4470,"date":"2009-01-16T19:42:33","date_gmt":"2009-01-16T19:42:33","guid":{"rendered":"http:\/\/www.filmdetail.com\/?p=4470"},"modified":"2010-05-08T02:20:31","modified_gmt":"2010-05-08T01:20:31","slug":"warner-bros-and-fox-settle-watchmen-lawsuit","status":"publish","type":"post","link":"https:\/\/www.filmdetail.com\/2009\/01\/16\/warner-bros-and-fox-settle-watchmen-lawsuit\/","title":{"rendered":"Warner Bros and Fox settle Watchmen lawsuit"},"content":{"rendered":"

\"WB<\/a><\/p>\n

Warner Bros<\/a> and\u00a020th Century Fox<\/a> have settled their differences over\u00a0Watchmen<\/strong><\/a> and the film will now definitely be released on March 6th.<\/p>\n

For those unfamiliar with the case, Fox brought a\u00a0copyright lawsuit<\/a> against Warner Bros last February,\u00a0asserting\u00a0that in a series of legal agreements in 1991 and 1994, they retained distribution rights to a film based on the\u00a0Watchmen<\/a> graphic novel.<\/p>\n

On Christmas Eve,\u00a0Judge Gary Feess ruled\u00a0that Fox owned a distribution interest in the film<\/a> and a trial was scheduled for January 20th.<\/p>\n

Variety report the details<\/a>:<\/p>\n

\n

Warner Bros. gets the right to open its superhero pic on March 6 as planned, and Fox’s logo will not be on the film, sources said.<\/p>\n

Fox, on the other hand, will emerge with an upfront cash payment that sources pegged between $5 million and $10 million, covering reimbursement of $1.4 million the studio invested in development fees, and also millions of dollars in legal fees incurred during the case.<\/p>\n

More importantly, Fox will get a gross participation in “Watchmen” that scales between 5% and 8.5%, depending on the film\u2019s worldwide revenues. Fox also participates as a gross player in any sequels and spinoffs, sources said.<\/p>\n<\/blockquote>\n

Both studios issued this joint statement:<\/p>\n

\n

“Warner Bros. and Twentieth Century Fox have resolved their dispute regarding the rights to the upcoming motion picture “Watchmen” in a confidential settlement.<\/p>\n

Warner Bros. acknowledges that Fox acted in good faith in bringing its claims, which were asserted prior to the start of principal photography.<\/p>\n

Fox acknowledges that Warner Brothers acted in good faith in defending against those claims.<\/p>\n

Warner Bros. and Fox, like all “Watchmen” fans, look forward with great anticipation to this film\u2019s March 6 release in theatres.”<\/p>\n<\/blockquote>\n

Nikki Finke<\/a> provides more background details:<\/p>\n

\n

This is a case where producer Larry Gordon’s hot property changed hands again and again since the late 1980s from Fox, to Universal, to Paramount,\u00a0until finally to Warner Bros and Legendary Pictures which together went forward with the $130 million film despite knowing that Fox had claims which led to the lawsuit.<\/p>\n

The next legal step might have\u00a0been an injunction against\u00a0Watchmen<\/em>‘s\u00a0March 6th release. Initially, Warner Bros said it would fight Feess’ intention to side with Fox and appeal.<\/p>\n

But then, according to\u00a0my sources,\u00a0Warner Bros boss Barry Meyer stepped up and stopped that, and his studio finally started talking settlement with Fox\u00a0last week.<\/p>\n

So now,\u00a0Warner Bros can release\u00a0Watchmen<\/em> domestically as planned, and Paramount (which also had to sign off on the settlement) play it\u00a0internationally,\u00a0and Fox\u00a0reap the rewards, and fans of the comic book series\/graphic novel can rejoice — or find something else about the movie to bitch about…<\/p>\n<\/blockquote>\n

Although some tried to paint Fox as the bad guy who didn’t care about the material, the fact of the matter was that they did have a legal claim.<\/p>\n

The real question is: how did Warner Bros manage to greenlight a production like this without realising they would be open to a massive lawsuit?<\/p>\n

The LA Times thinks<\/a> that Larry Gordon<\/a> and his legal and insurance teams could now be in a spot of bother:<\/p>\n

\n

The court fight over “The Watchmen” is costing Warner Bros. and 20th Century Fox hundreds of thousands of dollars in legal fees, but the biggest bill of all could fall to the film’s producer, Larry Gordon, his lawyers and their insurers, who could be on the hook for substantially more money.<\/p>\n

Court documents in the nearly yearlong dispute over the superhero movie’s distribution rights show that Warner Bros., which is poised to lose valuable rights to “Watchmen” after a judge’s favorable ruling for Fox, is pursuing Gordon “for all damages Warner Bros. suffers as a result of Fox’s claims.”<\/p>\n<\/blockquote>\n

Although the main thing is that the film will be released, there is perhaps more on this case to be unearthed.<\/p>\n

> Variety on the settlement<\/a>
> Watchmen<\/a> at the IMDb
> Find out more about the graphic novel by Alan Moore<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Warner Bros and\u00a020th Century Fox have settled their differences over\u00a0Watchmen and the film will now definitely be released on March 6th. For those unfamiliar with the case, Fox brought a\u00a0copyright lawsuit against Warner Bros last February,\u00a0asserting\u00a0that in a series of legal agreements in 1991 and 1994, they retained distribution rights to a film based on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[755,52,363],"_links":{"self":[{"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/posts\/4470"}],"collection":[{"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/comments?post=4470"}],"version-history":[{"count":0,"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/posts\/4470\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/media?parent=4470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/categories?post=4470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.filmdetail.com\/wp-json\/wp\/v2\/tags?post=4470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}