The Hollywood Reporter claims that Warner Bros and Fox have finally agreed on terms in the case of the Watchmen movie. The online article reports that:
“Warner Bros. and Fox have resolved their dispute over “Watchmen,” with the studios scheduled to present the settlement to Judge Gary Feess on Friday morning and request that the case be dismissed.
Terms of the agreement will not be disclosed, but it is said to involve a sizable cash payment to Fox and a percentage of the film’s boxoffice. Fox will not be a co-distributor on the film, nor will it own a piece of the “Watchmen” property going forward. The studios are set to release a joint statement announcing the agreement Friday.”
Well that’s definitely great news to me, and other Watchmen fans that were looking forward to the movie. I wonder how much dough and percentage WB gave up to keep the March 6th release date a go.
Let me know what you guys think. Should be great news to everyone, everyone except for Alan Moore that is.