Wednesday, June 15, 2011

"Crow" remake legal battle heads to arbitration

LOS ANGELES (Hollywood Reporter) – The heated dispute between a pair of independent studios over distribution rights to the planned remake of "The Crow" will be decided in private.

A Los Angeles Superior Court judge on Wednesday granted Relativity Media's motion to compel arbitration based on a clause in the contract at issue in the case.

The Weinstein Co. sued Relativity in April claiming it had breached a 2009 distribution agreement that allegedly gave Weinstein the right to release the movie globally.

Weinstein principal Harvey Weinstein was upset that Relativity chief Ryan Kavanaugh had been shopping distribution rights to a remake starring Bradley Cooper and directed by Juan Carlos Fresnadillo, in apparent violation of the deal.

But Relativity fired back, claiming that Weinstein botched the release of the 2009 musical "Nine" so badly that Relativity, which invested in that film, was forced to ask whether Weinstein had the funds available to release "The Crow" properly. When Harvey Weinstein allegedly balked at showing he was able to commit money to a release, Relativity said it looked elsewhere.

Relativity said in a statement that it expected to prevail on all of its claims in arbitration. Weinstein countered that Relativity "should be ashamed of themselves" for getting excited about winning a procedural decision.

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