Friday, January 16, 2009

Watchmen Lawsuit Pt. 27: Settlement is Official

Initial skepticism about The Hollywood Reporter's opaque Watchmen settlement piece has been backed up by Nikki Finke. She provides the studio's joint statement confirming that Fox and Warner Brothers have settled the Watchmen legal case, while noting that the previous reports jumped the gun. In any case, the joint statement from the studios as follows:
Warner Bros. and Twentieth Century Fox have resolved their dispute regarding the rights to the upcoming motion picture Watchmen in a confidential settlement. Warner Bros acknowledges that Fox acted in good faith in bringing its claims, which were asserted prior to the start of principal photography. Fox acknowledges that Warner Bros. acted in good faith in defending against those claims Warner Bros. and Fox, like all Watchmen fans, look forward with great anticipation to this film's March 6 release in theatres.
I will also add that the court appearance date was apparently wrong (thanks, THR). The studios will present the settlement to the court on Friday, January 16, 2009 as opposed to Monday, January 19, 2009.
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