Watchmen! Rorschach Revealed.

By acies
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Grand Master

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We reported earlier today that Warner Bros. and Fox had filed a Notice of Settlement Status and were all set up to have a meeting in judges? chambers to go over the last remaining details of the settlement.

Now, we?re getting confirmation from IESB that the two studios have indeed settled. There are no details on dollar figures yet, but there are a few main points:

* On Friday, they will appear before Judge Feess to have the case dismissed

* Fox will be getting a hefty sum and a percentage of the film?s gross

* Fox will NOT have any ownership of the film and will NOT be the distributer of the film, meaning that

* Warner Bros. will retain full control of the movie and the distro

There?s really nothing surprising here. Fox is getting a sick amount of money - how sick we have yet to see - and will take some of the box office for a project they didn?t do anything for.

The best news is that Warner Bros. will retain the creative control over the film?s release. Judging by the comment sections and my email inbox, I know a lot of FSR readers were concerned that if Fox got some control, they?d stall the film or demand to recut it. Luckily, those nightmare scenarios have been avoided.

[Source]

Grand Master

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Financial Details of Settlement Released

This past Thursday night we reported that Fox and Warner Brothers had reached a settlement over the Watchmen film. In the following 24 hours, details began to emerge about the specific financial terms of the settlement. These figures are a couple of days old, but here they are for those that want to know how big of a bite Fox really took out of the WB:

* According to Variety?s sources, Fox will receive an upfront payment totaling between $5 and $10 million, which will cover $1.4 million that the studio invested in development fees, plus millions of dollars in legal fees.

* As already mentioned, Fox will not be distributing the film, but under the terms of the settlement, will get gross participation of between 5% and 8.5% depending on the film?s worldwide revenues.

* The Hollywood Reporter, our source for the original settlement story, incorrectly reported that Fox would not be entitled to any rights for Watchmen spinoffs and sequels (they have since corrected the error). Fox will, in fact, participate as a gross player in any future Watchmen-related properties, although Snyder has already denied that he will participate in a prequel/sequel.

* Allegedly, other options for the settlement were discussed recently, according to Variety?s sources. These included moving WB?s Terminator Salvation release date from May 22nd, to avoid competing with Fox?s Night at the Museum 2: Battle of the Smithsonian. The studios have denied that these scenarios were ever evaluated.

All in all, for Fox, it seems the lawsuit was not a bad way to spend their time and money compared to some of the other ways they?ve been using it. The two studios released the following joint statement

Warner Bros. and Twentieth Century Fox have resolved their dispute regarding the rights to the upcoming motion picture Watchmen in a confidential settlement. Warner Bros acknowledges that Fox acted in good faith in bringing its claims, which were asserted prior to the start of principal photography. Fox acknowledges that Warner Bros. acted in good faith in defending against those claims Warner Bros. and Fox, like all Watchmen fans, look forward with great anticipation to this film?s March 6 release in theatres. theatres.

After this week, it finally looks like Watchmen fans can eagerly look forward to March 6 as well.

Grand Master

Syanide

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The pictures really awesome and stay true.

Btw this caught my attention from the previous Rappy post:

* The Hollywood Reporter, our source for the original settlement story, incorrectly reported that Fox would not be entitled to any rights for Watchmen spinoffs and sequels (they have since corrected the error). Fox will, in fact, participate as a gross player in any future Watchmen-related properties, although Snyder has already denied that he will participate in a prequel/sequel.

They should hang themselves right now if they're thinking about doing that. Seriously. Right now. I'm putting my trust in the movie because it really feels true to the comic, never mind the time limitations. But if they do anything like that.... Argh.

Grand Master

Pretend

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My Chemical Romance on Watchmen Soundtrack!

I don't know if this has been mentioned in this thread but My Chemical Romance are doing a song for the soundtrack, which is the main/credit song to the movie. They're doing a version of "Desolation Row" by Bob Dylan.

My Chemical Romance's version - short clip clicky

Bob Dylan's version - clicky

I like some of My Chemical Romance's stuff and it's a good cover which they've made there own but My Chemical Romances version doesn't sound like it should belong in the Watchmen soundtrack. imo.

Grand Master

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About 20 years before the start of Watchmen itself, the Keene Act outlawed masked vigilantism and forced the members of the group to hang up their masks and retire, except for Comedian, who kept working for the government; Manhattan, who was always government-sponsored and Rorschach, who kept working outside the law. This gives you a little bit more background on those events, and has that quasi-fascist feeling that so fits the Watchmen universe.

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Grand Master

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Zack Snyder is in Watchmen :p (Source)

snyderscameo.jpg&thumb_height=300

Did you know that director Zack Snyder actually appears on screen in Watchmen? Still photographer Clay Enos revealed to /Film’s own David Chen a photo of Snyder dressed up in military fatigues. As it turns out, the filmmaker has a small cameo in the scene where The Comedian is taking down enemies in Vietnam with a fire blast. Check out the full interview with Enos to learn other fun Watchmen tidbits in today’s Cool Stuff.

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