After nearly a year of grueling battle between Warner Bros. and Twentieth Century Fox over a dispute regarding the rights to the upcoming motion picture Watchmen, both studios have come to an agreement in a confidential settlement.
The terms of the agreement will not be disclosed, but it is said to involve a very hefty cash payment paid out to Fox and a percentage of the film's box office. Fox will not be a co-distributor on the film, nor will it own a piece of the Watchmen property going forward. The studios said in a joint statement. Both sides had this to say.
“Warner Bros. and Twentieth Century Fox have resolved their dispute regarding the rights to the upcoming motion picture Watchmen in a confidential settlement. Warner Bros acknowledges that Fox acted in good faith in bringing its claims, which were asserted prior to the start of principal photography. Fox acknowledges that Warner Bros. acted in good faith in defending against those claims Warner Bros. and Fox, like all Watchmen fans, look forward with great anticipation to this film's March 6 release in theatres”
Meaning both side have made compromises over their legal dispute and are willing to play ball. Warner Bros also stated that though producer Larry Gordon was not a party in the case is said to be pursuing the producer and his attorneys to reimburse it for the costs of the settlement.
On a personal not; Watchmen was once called the film that would never be made, than it defied all that was set against it and was filmed as promised. Then it became known as the film that would never get realest due to the legal actions set against it by the studios. But now it looks like that it has done it again and proved to defy all those who did not want it to see the day of light, and now thing appear to be back on schedule for a March 6th release. A great deal of fans and new comers to the comic has long been awaiting the release of Watchmen since talks had first burst out on the web as mere rumors, and now their wait may soon be over. Let’s keep our fingers cross folks.
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