Thursday, July 09, 2009

Siegel Heirs Lose Latest Superman Lawsuit

VARIETY: Warner Bros. wins 'Superman' case
Siegel heirs can only pursue DC Comics profits
By DAVE MCNARY - Posted: Wed., Jul. 8, 2009, 7:15pm PT


Warner Bros. and DC Comics have won a favorable ruling
in the suit filed by the heirs of "Superman" co-creator Jerome Siegel.

In a decision announced Wednesday, U.S. Judge District Court Judge Stephen G. Larson found that the license fees the studio paid to corporate sibling DC Comics didn't represent "sweetheart" deals as they weren't below fair market value. That means the heirs will be able seek profits only from DC Comics -- which earned $13.6 million from Warner Bros. for the 2006 release of "Superman Returns" -- rather than from Warner Bros. as well.

To read the rest of this article, click here.

Superman ©DC Comics.

Article excerpt ©REI.

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Thursday, January 15, 2009

Watchmen Legal Wrinkles Ironed Out

VARIETY: WB, Fox make deal for 'Watchmen'
Warner to open superhero film March 6
By MICHAEL FLEMING, DAVE MCNARY
Posted: Thurs., Jan. 15, 2009, 7:33pm PT


Warner Bros. and Fox have settled their very public battle over "Watchmen." A deal has been hammered out that that gives WB some face-saving points, but which gives Fox the equivalent of a movie star’s gross participation.

Warner Bros. gets the right to open its superhero pic on March 6 as planned, and Fox's logo will not be on the film, sources said.

To read the rest of the article, click here.

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Friday, April 25, 2008

Del Toro To Direct Hobbit Films

"In a major step forward on 'The Hobbit,' Guillermo del Toro has signed on to direct the New Line-MGM tentpole and its sequel.

The widely expected announcement -- which had been rumored for several weeks -- came Thursday afternoon jointly from exec producers Peter Jackson and Fran Walsh, New Line president Toby Emmerich, and Mary Parent, newly named chief of MGM’s Worldwide Motion Picture Group.

Del Toro’s moving to New Zealand for the next four years to work with Jackson and his Wingnut and Weta production teams. He’ll direct the two films back to back, with the sequel dealing with the 60-year period between 'The Hobbit' and 'The Fellowship of the Ring,' the first of the 'Lord of the Rings' trilogy."

To read the rest of Dave McNary's Variety article, click here.

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