Watchmen Fight Over

Variety's Michael Fleming and Dave McNary are reporting that Warner Bros. and 20th Century Fox "have settled their battle over Watchmen with WB getting some face-saving points, but Fox getting the equivalent of a movie star's gross participation.

"Warner Bros. gets the right to open its superhero pic on March 6th as planned, and the WB logo will be the only one on the film, sources said.

"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."

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Posted by Jeffrey Wells on January 15, 2009 at 8:56 PM

comment #1

Redmond Author Profile Page says ...

More importantly, Fox will get a gross participation in "Watchmen" that scales between 5% and 8.5%, depending on the film’s worldwide revenues. Fox also participates as a gross player in any sequels and spinoffs, sources said.

Only Fox would think to try and make a sequel/spin-off to Watchmen and expect any modicum of success. Fucking jackasses.

At any rate, glad to see this thing wrapped up and now we'll see if it was worth it.

Posted by Redmond Author Profile Page at January 15, 2009 9:05 PM

comment #2

HoopersX Author Profile Page says ...

I guess Warner's legal position wasn't as strong as they had thought. Maybe now all the screaming fan boys can put down their torches and pitchforks and stop their march down Pico.

The fact a settlement took place at all and the statement that was released should make it pretty obcious that Warner Brothers was the real fuck up here.

Posted by HoopersX Author Profile Page at January 15, 2009 10:41 PM

comment #3

D.Z. Author Profile Page says ...

From http://www.hollywoodreporter.com/hr/content_display/news/e3i2079648bd224e2c811dd212eb2f623c0 :

Gordon is not a party to the case, but Warners is said to be after the producer and his attorneys to reimburse the studio for costs of the settlement. During the litigation, Gordon's then-attorney admitted that he negotiated the producer's 1994 separation from Fox without knowing about a 1991 agreement on which Fox based its lawsuit.

Posted by D.Z. Author Profile Page at January 16, 2009 12:47 AM

comment #4

Dan Revill Author Profile Page says ...

Well gee, glad this is done with. Bring on March!

Posted by Dan Revill Author Profile Page at January 16, 2009 1:47 AM

Posted by D.Z. Author Profile Page at January 16, 2009 3:05 AM

comment #6

Josh Massey Author Profile Page says ...

Thank you DZ, for that on-topic contribution.

Posted by Josh Massey Author Profile Page at January 16, 2009 5:28 AM

comment #7

Jason Author Profile Page says ...

DZ: I refuse to click on your links until unless you provide a modicum of context. Write a slug for it, even if it's only a sentence fragment. And wherever the link goes, it better be related to the subject on the table. Nobody likes a threadjacker.

Posted by Jason Author Profile Page at January 16, 2009 9:06 AM

comment #8

frankbooth Author Profile Page says ...

I'm going to produce my own hardcover version of Jack Torrance's novel.

Only mine is going to go like this:

shutthefuckupdz
shuttheFUCKupdz
SHUTthefuckupdz
shutthefuckUPdz
SHUTTHEFUCKUPDZ

Posted by frankbooth Author Profile Page at January 16, 2009 10:00 AM

comment #9

Howlingman Author Profile Page says ...

I'd buy that book.

Posted by Howlingman Author Profile Page at January 16, 2009 10:20 AM

comment #10

NotImpressed1Yet Author Profile Page says ...

I refuse to click on DZ's links, period. Guy's an autistic shut-in living in his mom's basement.

Posted by NotImpressed1Yet Author Profile Page at January 16, 2009 10:38 AM

Posted by George Prager Author Profile Page at January 16, 2009 11:13 AM

comment #12

chicagodad Author Profile Page says ...

Well, let's remember that this is the same Warner Brothers that let their rights to Elfquest , another comic book property, lapse only to decide they wanted the property after all and had to pay for it a second time...

Posted by chicagodad Author Profile Page at January 16, 2009 12:37 PM

comment #13

Bob Violence Author Profile Page says ...

Only Fox would think to try and make a sequel/spin-off to Watchmen and expect any modicum of success. Fucking jackasses.

You're slamming Fox for even contemplating the possibility that WB will make sequels or spinoffs down the line? Even though they're already doing the Black Freighter stuff as a DVD companion movie? Man, that's awesome. The amount of fanboy RAAAAAAAAAAAAAGE that's emerged out of this lawsuit is hilarious, I can't wait to see what happens when the movie turns out to be a stinking pile.

Posted by Bob Violence Author Profile Page at January 18, 2009 8:17 AM

comment #14

corey3rd Author Profile Page says ...

no news if the Batman TV series was also part of the deal?

Posted by corey3rd Author Profile Page at January 18, 2009 10:58 AM

comment #15

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