Studios confirm Watchmen settlement; release date holds

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Dec 14, 2012, 3:54 PM EST

As expected, 20th Century Fox and Warner Brothers announced that they have resolved their legal battle over the release of Watchmen, the Associated Press reported.

The release of the superhero flick had been in doubt for months as Fox and Warner sparred in federal court over who had proper rights to the film. The studios say it will be released as scheduled on March 6, the AP reported on Friday.

Spokesmen for both companies released a statement Thursday night that the studios have resolved the dispute in a confidential agreement.

Settlement discussions ramped up after a judge decided last month that Warner had violated Fox's distribution interests by shooting the film.

Attorneys for both studios are scheduled to meet with U.S. District Judge Gary Allen Feess on Friday to discuss the agreement. The statement said both studios "look forward with great anticipation" to the film's release.