Of course neither side is talking, but as expected, Warner Bros. is going to have hand over a percentage of the film's receipts:
Terms of the agreement will not be disclosed, but 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.
As this week progresses, it appeared more and more likely that this would be the end result of the dispute. Earlier this month, it looked like Warner Bros. was playing hard ball, requesting the judge speed up a hearing date to determine Fox's ability to delay the release. Shortly thereafter, however, lawyers stopped filed papers and the talks began in earnest.
Perhaps Warner Bros. decided it could easier to go after producer Larry Gordon for allegedly messing up the original agreement in the first place than fight Fox in the courts.
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