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WB, Fox make deal for 'Watchmen' - Entertainment News, Film News, Media - Vari... - The Diigo Meta page

www.variety.com/...VR1117998665.html - Cached - Annotated View

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  • Fox, on the other hand, will emerge with an upfront cash payment that sources pegged between $5 million and $10 million, covering reimbursement of $1.4 million the studio invested in development fees, and also millions of dollars in legal fees incurred during the case.

    More importantly, Fox will get a gross participation in "Watchmen" that scales between 5% and 8.5%, depending on the film’s worldwide revenues. Fox also participates as a gross player in any sequels and spinoffs, sources said.

  • Though it was denied by both studios, sources said that in recent weeks that WB and Fox discussed several intriguing horse-trading scenarios after WB choked on Fox’s initial ask of 10% gross and distribution in some overseas territories.

This link has been bookmarked by 2 people . It was first bookmarked on 12 Feb 2009, by Jonathan Bailey.

  • 14 Feb 09
    • gross player in any sequels and spinoffs, sources said.
    • good faith
    • 3 more annotations...
  • 12 Feb 09
    • Fox, on the other hand, will emerge with an upfront cash payment that sources pegged between $5 million and $10 million, covering reimbursement of $1.4 million the studio invested in development fees, and also millions of dollars in legal fees incurred during the case.

      More importantly, Fox will get a gross participation in "Watchmen" that scales between 5% and 8.5%, depending on the film’s worldwide revenues. Fox also participates as a gross player in any sequels and spinoffs, sources said.

    • Though it was denied by both studios, sources said that in recent weeks that WB and Fox discussed several intriguing horse-trading scenarios after WB choked on Fox’s initial ask of 10% gross and distribution in some overseas territories.