Watchmen court case comes to a conclusion

The Hollywood Reporter have announced that Fox and Warner Bros have finally settled their court battle over the upcoming Watchmen film.

THR writes: "Terms of the agreement were not disclosed, but the deal is said to involve a sizable cash payment to Fox and a percentage of the film’s boxoffice grosses; Fox will not be a co-distributor on the film, nor will it co-own the "Watchmen" property, but it will share in revenue derived from it. The studios released a joint statement last night."

"‘Warner Bros. acknowledges that Fox acted in good faith in bringing its claims, which were asserted prior to the start of principal photography," the statement read. "Fox acknowledges that Warner Bros. acted in good faith defending against those claims.’"

It all began when Fox sued Warner Bros. last February, claiming copyright infringement based on agreements with producer Larry Gordon.

Settlement talks were prompted after Warners faced an injunction against the films release due to the judge’s ruling that the producer had not secured the proper rights to the Watchmen with Fox before setting up with Warner Bros.

THR writes: "Gordon is not a party to the case, but Warners is said to be after the producer and his attorneys to reimburse the studio for costs of the settlement. During the litigation, Gordon’s then-attorney admitted that he negotiated the producer’s 1994 separation from Fox without knowing about a 1991 agreement on which Fox based its lawsuit."

Concerns were rife that a decision needed to be made soon in order for the Watchmen to have it’s release in two months time.

Fans can now rest easy that the case is over and the Watchmen will be hitting screens everywhere on 6th March.