Watchmen Dispute Settled

Ending one of Hollywood's most bizarre copyright battles, Warner Bros. and 20th Century Fox said Thursday that they had settled their feud over Watchmen , thereby allowing the film to open as scheduled on March 6. Although a joint statement did not specify terms of the settlement, published reports, citing sources close to the negotiations, said that Warner Bros. had agreed to pay Fox about $10 million to cover costs of its original development efforts plus legal fees connected with the lawsuit. More significantly, Fox will receive what Daily Variety described as "the equivalent of a movie star's gross participation" that will amount to 5-8 percent of the film's revenue and will also receive a similar cut of the gross for sequels and/or spinoffs.

16/01/2009


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