As expected, Fox and Warner Bros. ended their dispute over Watchmen’s distribution rights yesterday, with both sides set to present the terms of their settlement to a judge this morning. Warner Bros. will get to release the movie as planned on March 6, and theirs will be the only studio’s logo on it. Fox will get an up-front cash payment of between $5 and $10 million, along with a cut of up to 8.5 percent of Watchmen’s gross, depending on how well it does. Also, says Variety, “Fox participates as a gross player in any sequels and spinoffs,†which makes us wonder a little if either studio has ever read the comic book all the way to the end.
WB, Fox make deal for ‘Watchmen’ [Variety]