It wouldn’t be a morning of news without a whiff of remake in the air. Relativity Media and The Weinstein Company have finally settled their legal battle over the remake rights to the cult classic film, “The Crow”, and will begin work on the film soon.
In a joint statement, the two companies said that “The parties will continue to work on the film together as planned.”
Part of the out-of-court settlement details that each party will drop their claims against the other, while further lawsuits against Relativity Media will not be pursued by TWC. Relativity will also drop the $20 million claim against TWC for allegedly ruining the release and distribution of their film “Nine” in the process.
This brings to a close a case that began in 2009 when the two companies agreed to work on a remake to the original 1994 film, but after some heated mud-slinging revolving around missed obligations and strong-arm industry tactics, the two quickly went to court when Relativity tried to find financial backing for the remake somewhere else.
Last Updated: January 24, 2012