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Monday, January 19, 2009

A Chunk 'O Change

Variety has published details on the "confidential" settlement in the Watchmen legal scuffle.



Sources say that Fox will receive anywhere between $5 million and $10 million upfront from Warner Bros. to reimburse the $1.4 million the studio invested in development fees along with millions of dollars in legal expenses from the case.

Fox will also get a share of the gross in the flick that scales between 5% and 8.5%-- based upon on film’s worldwide revenues, and will also be a gross participant in any sequels and or spin-offs--like Tales of the Black Freighter.

THE FILM (finally) HITS THEATERS ON MARCH 6TH!!

To quote the young Anakin Skywalker (Jake Lloyd) in Star Wars: Episode I - The Phantom Menace "Yipppieee!"

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