Nerds Rejoyce! Watchmen Case Settled

January 16, 2009 - 4:45 pm By COED Staff

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A couple of months ago we reported that Fox Studios filed a motion to halt the release date of Watchmen by Warner Brothers on March 6th.  On December 24th 2008, a judge declared, “Fox owns a copyright consisting of, at the very least, the right to distribute the Watchmen motion picture.” Last weekend attorney’s began negotiating a settlement.

Last night the matter was settled with Warner Brothers reportedly paying “a sizable cash payment” and reportedly 8.5% of Watchmen’s box office to Fox. Fox also reportedly will get a piece of any sequels or spin-offs produced. If the movie is successful this could be tens of millions of dollars. But the film’s legal troubles aren’t over yet. (more…)

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