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Fox and Warner settle Watchmen dispute; announcement Friday

Fox and Warner settle \<i\>Watchmen\<\/i\> dispute; announcement Friday

Looks like we'll be able to watch the Watchmen after all.

Warner Brothers and Fox have resolved their legal dispute over Watchmen, with the studios scheduled to present the settlement to Judge Gary Feess on Friday morning and request that the case be dismissed, The Hollywood Reporter posted on Thursday evening.

Terms of the agreement will not be disclosed, but it is said to involve a sizable cash payment to Fox and a percentage of the film's box office, the trade paper reported. Fox will not be a co-distributor on the film, nor will it own a piece of the Watchmen property going forward. The studios are set to release a joint statement announcing the agreement Friday.

Studio spokespeople would not comment to the trade paper on the settlement. Watchmen is slated to come out on March 6; the legal dispute had threatened to delay that.

Fox sued Warners in February, claiming copyright infringement based on agreements the studio had with producer Larry Gordon. Feess ruled on Dec. 24 that Gordon did not secure the proper rights to Watchmen from Fox before shopping the project and eventually setting it up with Warner. Feess' decision prompted settlement talks to heat up because Warners faced the prospect of an injunction stopping its planned release.

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(3) COMMENTS

albegao:
What Darren Albert said....More »


Comments

By Darren Albert at 9:04 PM ON 01/15/09

Glad it won't be held up, sad Fox managed to get some cash out of somebody elses blood sweat and tears. Fox should have received nothing. Oh well, in the end the fans are who truly benefit so its all good I suppose.

By Nilus at 9:22 PM ON 01/15/09

I am honestly surprised it went this far. I figured WB would just settle out of court with Fox. Never thought it would actually go to court. Disputes like this happen all the time and get settled quickly.

By albegao at 1:43 AM ON 01/16/09


What Darren Albert said.


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