Watchmen faces law suit
Not only is The Hobbit being held up in court but it seems as though the production of Watchmen could also be stopped in court as 20th Century Fox raise a law suit against Warner Bros. over the rights to develop, produce and distribute a film based on the famous graphic novel.
Fox are stating that they are trying to restrain Warner from going ahead with the production of the film, and that could mean very lengthy delays for the project.
While Zack Snyder is racing ahead with the much anticipated Watchmen film and producing something that fans are really excited to see - finally - it sees as though Fox want to halt it and get control of the project themselves, or rather they want to force Warner into a offering them a huge payment in order to keep the production going.
Here's what The Hollywood Reporter has to say about the suit:
“Fox claims that between 1986 and 1990, it acquired all movie rights to the 12-issue DC Comics series and screenplays by Charles McKeown and Sam Hamm. In 1991, Fox assigned some rights via a quitclaim to Largo International with the understanding that the studio held exclusive rights to distribute the first motion picture based on "Watchmen," according to the lawsuit.
When Largo dismantled, the rights were transferred to producer Lawrence Gordon. Under a "turnaround agreement" between Fox and Gordon, the producer agreed to pay a buy-out price to Fox if he entered into any agreement with another studio or third party to develop or produce "Watchmen," among other things.
The project apparently bounced around to Universal and Paramount before returning to Warners. Now, Fox claims that neither Gordon nor Warners has paid the buy-out price or advised the studio of any other conditions required under the agreement, including procedures necessary to acquire the rights to "Watchmen" from Fox.”
So it seems a little complicated in the meat of the suit, but what it does amount to are possible delays for the Watchmen. Hopefully Warner and Snyder will still be allowed to continue with the project rather than put a complete halt on production, but who knows, maybe we'll have to wait as long as we have for The Hobbit...and with a whole heap of filming already complete.