You may have seen the movie — but before the movie, there was the hubbub.
For those who don’t remember, there was a huge legal fracas over the summer regarding the Watchmen film, and which studio — DC Comics parent Warner Bros. or original rights holder Fox — held the rights to the film.
As fans grew concerned that the film might be delayed — or not released at all — the studios came to an agreement in January, with Fox retaining up to 8.5% of the film’s profits. But as you may recall, the film had a pretty rough go in the box office, only earning $180 million (after a $138 million budget as well as a heavy marketing campaign).
Now lawyers on both sides will meet on May 13 to discuss the fallout, and what piece of the pie Fox will receive. They will also determine how much of that the architect of this legal snafu, producer Larry Gordon, will pay. Considering the film’s lackluster performance, however, Gordon may be in the clear with the $15 million insurance policy to pay off the entirety of the settlement.
[Via Hollywood Reporter.]
