Fight Over 'Conan The Barbarian' Still Going Strong After 25 Years
Conan Properties Int'l, the creator and owner of the underlying rights to the "Conan the Barbarian" films, is suing several parties, including Lionsgate, Edward R. Pressman Productions, Modern Times Group, and others, seeking a piece of net profits from the films.
The series was conceived in 1977, and at the time, Conan Properties licensed rights to Edward Pressman Productions in return for five percent of all net profits from the film and its sequel. Five years later, when the film finally came out, EPP sublicensed the film, kicking off a series of handoffs. Conan sued EPP in 1983 and that matter was settled. But according to this complaint, the chain of custody, which assigned rights to the film from EPP to Paradise Films to December Associates to Modern Entertainment and finally to Lionsgate, left Conan Properties forgotten.
The defendants have breached the original EPP Agreement and 1983 settlement, the complaint alleges, by "failing to remit to (CPI) 5% of 100% of all net profits derived from the exploitation of the first film...and any sequel...based upon the Property, including but not limited to domostic and international distribution on DVD."
The lawsuit comes as Nu Image plans to begin production on a remake of "Conan the Barbarian."
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