Fox and Warner Bros. come to terms over “Watchmen”
Nerds from coast to coast can sleep easier tonight.
According to The Hollywood Reporter, 20th Century Fox and Warner Bros. have reached a settlement in their dispute over the film version of “Watchmen.”
The studios are slated to present the settlement to Judge Gary Feess and request that the copyright infringement suit be dismissed.
According to the trade publication, the terms of the agreement were not revealed, but as expected, it all came down to lots and lots of money. The settlement is supposed to involve a sizable cash payment to Fox and a percentage of the film’s box-office grosses, which considering all the buzz surrounding the film, should be considerable.
Fox will not co-distribute the film with Warner Bros., nor will the studio co-own the “Watchmen” property. Fox filed a copyright infringement suit against Warner Bros. in February; Feess ruled last month that Warner Bros. had not properly secured the rights to “Watchmen” from Fox before making the film
The $130 million adaptation of the acclaimed graphic novel will open in theaters March 6.
-BAM
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