Watchmen lawsuit settlement is “close”

Contributed by
Dec 14, 2012, 3:54 PM EST

Warner Brothers and Fox are "close" to reaching a settlement regarding the Watchmen lawsuit, those familiar with the dealmaking told The Hollywood Reporter.

A federal judge has ruled that Fox has distribution rights to the film, which is scheduled to be released by Warner on March 6. Talks between the two sides got serious during the weekend, and the parties met behind closed doors Monday in Los Angeles federal court to discuss details.

Neither Fox nor Warner would comment on the discussions, which continued for about 30 minutes in the chambers of Judge Gary Feess. Warner has not pressed its earlier request to move up the Jan. 20 injunction hearing, suggesting a settlement is near.

Also, the weekend saw a small but meaningful rollout of a Watchmen TV campaign, with spots airing on multiple networks, including on Fox's season premiere of 24.