Deal Reached On Watchmen
Jan. 16 2009, Published 1:45 p.m. ET
As Radaronline.com predicted yesterday, Warner Brothers and Fox have settled their dispute over the huge superhero flick Watchmen.
Warner Brothers will be able to open the flick on March 6, as planned, but Fox will be an uncredited partner. They get a cash payment somewhere between $5 million and $10 million (way more than the $1.4 million the studio spent planning their own version a few years back).
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Fox also shares in gross profits -- meaning they get about a nickel of every dollar that comes in from theaters, merchandise, videos, sequels and spinoffs.
After all this fuss, we hope it does way better than the last 2 superhero flick releases, the stinkers Punisher: War Zone and The Spirit.
The film was directed by Zack Snyder, who gave us 300.