The Hollywood Reporter brings word the lawsuit between Warner Bros. and 20th Century Fox over film rights to the March 6 release of Watchmen, the adaptation of the acclaimed graphic novel, has been resolved. The two studios are scheduled to present the settlement to Judge Gary Feess on Friday morning and request that the case be dismissed.
The terms of the settlement are not to be disclosed but THR says “it is said to involve a sizable cash payment to Fox and a percentage of the film’s boxoffice. Fox will not be a co-distributor on the film, nor will it own a piece of the ‘Watchmen’ property going forward. The studios are set to release a joint statement announcing the agreement Friday.”