There seem to always be a breach in contract in the entertainment industry lately and today we are hearing something about contract breach between a producer of the original 'IT' and Warners Bros. I hope you've seen the chapter two before it somehow disappears off the internet if this issue isn't resolved.
Variety reports that a producer who developed the original “It” TV miniseries sued Warner Bros. on Thursday, alleging that the studio breached his contract by making the films “It” and “It Chapter Two” without him. The film company has faced quite a number of lawsuit in the past decades. Whenever you start to think it's over, no more lawsuit for them to settle; Boom! you see that familiar headline with your two favorite words 'Warner Bros and lawsuit' in it.
Frank Konigsberg and Larry Sanitsky were running Telepictures in the early 1980s when they acquired the rights to the Stephen King novel. They developed the project as a miniseries for ABC and stayed on through pre-production. They left the company after it merged with Lorimar, and were given a company credit on the miniseries, which aired in 1990.
According to the lawsuit, the pair signed a deal with Lorimar that made them “nonexclusive executive producers,” with backend participation and rights to involvement in any sequel, spinoff or remake of the show.
The suit alleges that Warner Bros. stopped issuing profit statements in 1995, and never consulted either producer about the film adaptations. “It” was released in 2017, which grossed $700 million worldwide. “It: Chapter Two” is due out in September.
The suit also claims they are entitled to 10% of net profits of any remake, which the suit alleges would amount to tens of millions of dollars.
Konigsberg died in 2016, at the age of 83. Sanitsky, 67, is pursuing the case through the partners’ corporate entities. Their companies are represented by Dale Kinsella, of Kinsella Weitzman Iser Kump and Aldisert.
The suit also accuses Warner Bros. of shortchanging them on profit participation from the miniseries. In March, the studio issued its first participation statement in 24 years, showing that the producers were owed $1 million. The suit claims that Warner Bros. has substantially underreported profits and improperly withheld payments.
Warner Bros. declined to comment.
In the early 90s, Konigsberg and Sanitsky also produced the TV adaption of “The Tommyknockers.” Sanitsky is now working on a film adaptation of the project.Read More
Nicki Minaj is pulling out of a concert in Saudi Arabia because she says she wants to show support for women's rights, gay rights and freedom of expression.
"After careful reflection, I have decided to no longer move forward with my scheduled concert at Jeddah World Fest. While I want nothing more than to bring my show to fans in Saudi Arabia, after better educating myself on the issues, I believe it is important for me to make clear my support for the rights of women, the LGBTQ community and freedom of expression," Minaj said in a statement Tuesday to The Associated Press.
- Social media has been roaring up since an interview featuring Busola Dakolo was released by Y Tv. Her revelation of Pastor Biodun's alleged criminal act against her stirred emotions and a truckload of controversy on social media.
- While a lot of users stand with Busola and against rape, some others just don't get why it took her so long to speak up. Some of these users claim she is trying to revive her husband, Nigerian soul singer, Timi Dakolo's failing career; while others just think she is plain stupid.
- With so much heat this allegation is spurring, Pastor Biodun Fatoyinbo of COZA has decided to take a leave of absence.
The Senior Pastor of the Commonwealth of Zion Assembly (COZA) worldwide, Pastor Biodun Fatoyinbo, has announced his decision to take leave of absence from the pulpit.
The pastor said the decision to step down follows spiritual counsel from Christian leaders and spiritual mentors.
“The past few days have been very sobering for me. I have taken time to pray and seek spiritual counsel from Christian leaders around the world who feel very concerned about the ongoing reports in the media. I have solicited their guidance on actions I should take that is honoring to our Lord Jesus Christ and the work He has called me to do.
“Drawing from their counsel and that of the leadership of the Commonwealth of Zion Assembly and owing to my love for God’s word and the sacred honour of my called, I have decided to take a leave of absence from the pulpit of the church,” Fatoyinbo said in a post on his official Instagram handle.
He added that the decision although is saddening but he believes it is the right thing to do based on the allegations raised against him.
He also called for payers for himself and the church.
“Although it would break my heart to tatters to stay a day without doing ministry I believe it is the right thing to do at this time. It is in the interest of the flock of Christ that issues concerning me do not become a distraction to their worship of their Lord.
“This step enables me to submit to the concerns of my spiritual mentors as they consider all the issues that have been raised against me.
“My confidence in the Lord remains unwavering. Though I do not understand all that is happening, I trust the Lord to lead and guide me one step at a time. Kindly pray for me and the congregation of COZA as we seek the face of the Lord during these turbulent times.”
Rihanna in an interview by her "Ocean's 8" castmate Sarah Paulson in Interview magazine, revealed her inability to get an 'okay' sleep.
Let me use this opportunity to announce Rihanna as our #WCW of the week. Why? Rihanna has been an advocate for peace, unity, and equality. She's also been recently announced as the Richest female musician with a net worth of $600 million on Forbes alongside Beyonce, Kylie Jenner, Taylor Swift, Serena Williams, and so many other big names.
She flashes a smirk as she arrives at a party on Tuesday night (June 11) in New York City.
The 31-year-old singer and fashion designer went super chic in a black, silk dress and strappy sandals as she attended the party.
Last week, Rihanna spent some time vacationing in Italy with boyfriend Hassan Jameel.
During a recent interview, Rihanna dished on starting a family and if she wants to have children, to which she responded with, “More than anything in life.”Read More
Social media sensation, Mercy Aigbe, and her daughter look all glowed up in recent pictures shared on Instagram.
Michelle who is a teen model has been making waves in the beauty and fashion industry with the help of her 'mother's influence' and personal hard work. Her mother never lets us forget how much she's invested in her life.