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Turnaround

20th Century FoxDCMoviesWarner Bros.Watchmen

The crux of 20th Century Fox’s suit against Warner Bros. to halt the release of Watchmen is that producer Larry Gordon failed in his turnaround agreement with Fox that allowed the company to distribute the film if Gordon was able to sell the concept to another studio. This has lead to many citing Gordon as the one who is the big villain in this movie fiasco.  Finally frustrated with all the criticism, Gordon fired off a lengthy letter Federal Judge Gary Frees stating his position in an attempt to clean up his reputation. Gordon had remained silent since then but

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20th Century FoxDCMoviesWarner Bros.Watchmen

The judge in the Warner Bros./Fox Watchmen trial has bumped the start date back to January 20, 2009, citing that the contracts signed by Larry Gordon are so complex, it requires a trial to sort it all out. Fox’s suit, filed in February, contends that it retains distribution rights to the graphic novel penned by Alan Moore and illustrated by Dave Gibbons. It asserts that Gordon’s option to acquire Fox’s remaining interest in “Watchmen” was never exercised, thereby leaving Fox with its rights under a 1994 turnaround agreement. Warner Bros. is still sticking with its March 6 release date.  Here’s

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20th Century FoxDCMoviesWarner Bros.Watchmen

The lawsuit Warner Bros. wishes would go away, just got a little more teeth yesterday when a federal judge refused to dismiss the case in which 20th Century Fox still claims to owns the rights to the film. At the heart of Fox’s suit, filed in February, is the contention that it never ceded rights to the property. And according to the federal Judge Gary Allen Feess, Fox retained distribution rights to the graphic novel penned by Alan Moore and illustrated by Dave Gibbons through a 1991 claim. Furthermore, Feess appears to agree that under a 1994 turnaround deal with

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