As Expected, Warner Agrees To Fork Over Tons Of Cash To Fox For Watchmen

from the money-for-nothing dept

It will come as no surprise to anyone that Warner Bros. Studios and Fox have settled over the rights to Watchmen. It was pretty much a forgone conclusion once the court sided with Fox and said that Warner couldn't open the movie without agreeing to pay up. And, indeed, Warner will be paying a chunk of change, plus a percentage of the profits -- all for a movie that Fox had less than nothing to do with. Legally, it may be right, but from a common sense standpoint it makes no sense at all. Fox did everything possible to say that this movie should not be made. And it took none of the risks that Warner took... but now it gets a ton of money for it.

Filed Under: movie rights, movies, watchmen
Companies: fox, warner bros.

Watchmen Producer Explains Why Fox Doesn't Deserve A Cut

from the hindering,-not-helping dept

There's been plenty of discussion over the fact that Fox is going to end up making money from the movie Watchmen, despite having absolutely nothing to do with the film itself. ChurchHatesTucker alerts us to an open letter, over at HitFix, from one of the producers of the movie, pointing out how ridiculous this is from a common sense approach. Basically, Fox pretty much did everything possible to not let the movie ever go into production, and then Warner took incredible risks, spending a ton of money on a script that Fox (and others) hated, giving it to a director without a commercial hit at the time, and casting no brand name stars. The point that Lloyd Levin is making is that, no matter what the law says, from a basic common sense standpoint, it's ridiculous that Fox should get any money at all. You should read the whole thing, but here's an excerpt:

Larry and I developed screenplays at five different studios. We had two false starts in production on the movie. We were involved with prominent and commercial directors. Big name stars were interested. In one instance hundreds of people were employed, sets were being built - An A-list director and top artists in the industry were given their walking papers when the studio financing the movie lost faith.

After all these years of rejection, this is the same project, the same movie, over which two studios are now spending millions of dollars contesting ownership. Irony indeed, and then some.

Through the years, inverse of the lack of studio faith has been the passionate belief by many many individuals - movie professionals who were also passionate fans of the graphic novel - who, yes, wanted to work on the film, but more for reasons of just wanting to see the movie get made, to see this movie get made and made right, donated their time and talent to help push the film forward: Writers gave us free screenplay drafts; conceptual art was supplied by illustrators, tests were performed gratis by highly respected actors and helped along and put together by editors, designers, prop makers and vfx artists; we were the recipients of donated studio and work space, lighting and camera equipment. Another irony, given the commercial stakes implied by the pitched legal dispute between Fox and Warners, is that for years Watchmen has been a project that has survived on the fumes of whatever could be begged, borrowed and stolen - A charity case for all intents and purposes. None of that effort, none of that passion and emotional involvement, is considered in the framework of this legal dispute.

From my point of view, the flashpoint of this dispute, came in late spring of 2005. Both Fox and Warner Brothers were offered the chance to make Watchmen. They were submitted the same package, at the same time. It included a cover letter describing the project and its history, budget information, a screenplay, the graphic novel, and it made mention that a top director was involved.

And it's at this point, where the response from both parties could not have been more radically different.

The response we got from Fox was a flat "pass." That's it. An internal Fox email documents that executives there felt the script was one of the most unintelligible pieces of shit they had read in years. Conversely, Warner Brothers called us after having read the script and said they were interested in the movie - yes, they were unsure of the screenplay, and had many questions, but wanted to set a meeting to discuss the project, which they promptly did. Did anyone at Fox ask to meet on the movie? No. Did anyone at Fox express any interest in the movie? No. Express even the slightest interest in the movie? Or the graphic novel? No.

From there, the executives at Warner Brothers, who weren't yet completely comfortable with the movie, made a deal to acquire the movie rights and we all started to creatively explore the possibility of making Watchmen. We discussed creative approaches and started offering the movie to directors, our former director having moved on by then. After a few director submissions, Zack Snyder came onboard, well before the release of his movie 300. In fact, well before its completion. This was a gut, creative call by Larry, me and the studio... Zack didn't have a huge commercial track record, yet we all felt he was the right guy for the movie.

Warner Brothers continued to support, both financially and creatively, the development of the movie. And eventually, after over a year of work, they agreed to make the film, based on a script that, for what it's worth, was by and large very similar to the one Fox initially read and deemed an unintelligible piece of shit.

Now here's the part that has to be fully appreciated, if for nothing more than providing insight into producing movies in Hollywood: The Watchmen script was way above the norm in length, near 150 pages, meaning the film could clock in at close to 3 hours, the movie would not only be R rated but a hard R - for graphic violence and explicit sex - would feature no stars, and had a budget north of $100M. We also asked Warner Brothers to support an additional 1 to 1.5 hours of content incurring additional cost that would tie in with the movie but only be featured in DVD iterations of the film. Warners supported the whole package and I cannot begin to emphasize how ballsy and unprecedented a move this was on the part of a major Hollywood studio. Unheard of. And would another studio in Hollywood, let alone a studio that didn't show one shred of interest in the movie, not one, have taken such a risk? Would they ever have made such a commitment, a commitment to a film that defied all conventional wisdom?

Only the executives at Fox can answer that question. But if they were to be honest, their answer would have to be "No."

Shouldn't Warner Brothers be entitled to the spoils - if any -- of the risk they took in supporting and making Watchmen? Should Fox have any claim on something they could have had but chose to neither support nor show any interest in?

Look at it another way... One reason the movie was made was because Warner Brothers spent the time, effort and money to engage with and develop the project. If Watchmen was at Fox the decision to make the movie would never have been made because there was no interest in moving forward with the project.

All in all, what Levin is saying is effectively the same point we've made about the innovation market over the years: the "idea" is a very tiny part. It's all about the execution. Fox wanted nothing to do with the execution and wasn't even that interested in the idea. Warner put up all the risk, and now Fox gets rewarded because at one point it bought the rights to just the idea. Once again, we're seeing society overvalue the idea and vastly undervalue the execution.

Of course, it's no surprise to see Fox's response is the same as plenty of patent holders in the same situation (paraphrased, obviously): "Tough noogies. The law is the law, and we win, so suck it." Wouldn't it be nice if, just once, we got to see common sense match up with what the law allows?

Filed Under: lloyd levin, movie rights, movies, watchmen
Companies: fox, warner bros.

Fox About To Get Paid For A Movie It Had Absolutely Nothing To Do With

from the screwy-copyright-laws... dept

Back in August, we noted just how silly it was that 20th Century Fox was suing Warner Bros. Studios over the movie The Watchmen. Fox had purchased the rights to make a movie out of the graphic novel decades ago, but decided not to make the movie. After the project bounced around at a few different studios, Warner took it on, and the movie is considered one of the most anticipated blockbusters of 2009. Yet, in a somewhat surprising move (since he'd originally said a trial would be needed next year), a judge has ruled that Fox does, indeed, own a copyright interest in the movie. This almost certainly means that Warner will come to some form of a settlement pretty quickly, so as not to delay or hinder the movie in any manner. In effect, that means that Fox is about to get a pretty big pay day for doing absolutely nothing on a movie that it didn't want to make. That seems to go against everything copyright is supposed to stand for.

Now, obviously, it's pretty stunning that Warner would make this movie without its lawyers being sure that Warner owned all the rights to the film, but as we wrote in the original post, it seems rather silly to sell movie "rights" in the first place. There are plenty of mechanisms to make sure that the original creator of a story can get paid when his or her story is adapted that don't require copyright -- and allowing multiple parties to try to make a film out of a single story should lead to better overall film making. Fox didn't want to make this movie, so Warner stepped up and made a movie that many are expecting to be fantastic. Why should Fox be rewarded for its own failure to make a movie?

Filed Under: movie rights, movies, watchmen
Companies: 20th century fox, warner bros. studios

Fox Tries To Kill Watchmen

from the thank-you-intellectual-property... dept

The movie version of DC Comics' Watchmen is getting a lot of hype these days, as the early buzz on the film is quite strong. But, you may not get to see it at all. That's because 20th Century Fox claims that it owns the rights to Watchmen, despite the fact that the movie was being made by competitor Warner Brothers. Fox had owned the movie rights to Watchmen decades ago, but was unable to make a movie out of it. However, the producer that Fox had originally signed to do the project eventually popped up at Warner Brothers with the project. Fox claims it still owns the rights and is suing Warner to stop the release of the movie entirely. Most expect that this will get settled long before the movie's scheduled release in March of next year -- but it will probably mean that Fox gets some of the profits for doing absolutely nothing.

To be honest, the whole concept of selling off exclusive rights to a story idea for a movie never made that much sense. If multiple studios want to make multiple movies out of the same concept, why shouldn't that be allowed, letting the best movie win in the marketplace? If the original content creators feel strongly about a vision, then they can sign up to work with one particular studio to make sure the movie is more true to life -- but it shouldn't require "exclusive" rights. In fact, we've already seen this in practice. Technically, no one can copyright a true news story -- so movie studios have no exclusive rights to making a movie out of a news story. Yet, they will often still buy the rights -- without it being legally necessary. There are a few reasons why: it signals to others that you're making a movie on the topic and it often comes with ties to those close to the original story to get them involved in the project. Why aren't the same things done with adaptations?

We've seen a few authors recognize this. Jonathan Lethem freed up his latest book for anyone to make a movie out of it -- so long as they promised to put the movie into the public domain five years after it was completed. And then there's Paulo Coelho, who freed up one of his books and told fans to make their own movies about parts of it -- which he would stitch together into a larger movie. If Fox really wanted to make a Watchmen movie, it should have done so. It shouldn't now prevent someone else from doing so -- or, even worse, get a cut of the action for doing nothing.

Filed Under: movie rights, movies, watchmen
Companies: dc comics, fox, warner brothers