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WB/Fox Settlement Details

watchmensmall-010809The details of the recently announced settlement between WB and Fox have leaked.  Nikki Finke of Deadline Hollywood Daily reports that WB will have to give Fox 8.5% of the gross of the film, plus some up front cash which includes “recoupment of its development costs and attorney fees”.  Additionally, Fox will have a piece of the franchise from this moment forward, so if WB decides to make a sequel or any spin-off’s — however unlikely that may be — Fox will get a take of its profits.

I’d say Fox made out really, really well, huh?

Watchmen hits theater on March 6, 2009.