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Details Emerge: The Watchmen Settlement

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This has been a long battle, but it seems like it has finally reached the end. Warner Bros. and Fox have come to terms and reached a settlement for the upcoming Watchmen movie.

More in Film | January 27th, 2009

This has been a long battle, but it seems like it has finally reached the end. Warner Bros. and Fox have come to terms and reached a settlement for the upcoming Watchmen movie. The complete details of the settlement haven’t surfaced, but we do know a few things. Straight from the Wired Blog:

Under the deal, Fox will not be a co-distributor of the film. But, the studio will receive a heaping helping of greenbacks in one, well-raked pile and up to 8.5 percent of the box office (which should make bookkeeping entertaining at Warner Bros.).

More importantly, Fox enjoys a taste of everything Warners Bros. earns off sequels or spinoffs. The final cash payment amount has yet to be determined as Fox demands reimbursement of its development costs and attorney fees, according to Deadline Hollywood Daily.

Not only that, the actual payoff to Fox is rumored to be about $5 – $10 mil., which to be honest, considering how much the film cost to produce I would have though they would get much  more. The film is still scheduled to be released on March 6th.

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2 Responses to “Details Emerge: The Watchmen Settlement”

  1. gjunkie says:

    Thanks for totally killing my excitement for The Watchmen, and shifting it over to The Expendables.