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Friday January 16, 2009 7:32 pm

Watchmen Lawsuit Settled

Jeffrey Dean Morgan in Watchmen

Watchmen fanboys - you can now take a collective sigh of relief. The fight between Mommy and Daddy is now over.

Although it looked as if March 6th would be scratched off the calendar, and Warner Bros. agreed to play nice and settled their differences. The last-minute negotiations kept the film in the theaters and the parties out of the courtroom.

For its part, Fox will get a upfront cash settlement to cover its original investment fees and its legal costs. (According to sources, that check amount is somewhere in the $5-$10 million range.) The studio will also will also get 5-8.5% gross participation in the first film and a percentage in any possible sequels. In turn, Warner will get to continue as planned with only their logo on the project.

Read More | Variety



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