Producer Sues Miramax for Millions
When "Chicago" hit the big screen a couple of years ago, it surprised many entertainment critics just how well the film was made. Not only did the movie manage to gather rave reviews from the experts in the entertainment field, but millions of around the world ran to the theaters to see it first hand. "Chicago" was the first musical in over a decade to win a plethora of Oscars including Best Supporting Actress to Catherine Zeta-Jones and Best Picture. But now the film, and specifically Miramax, are getting a different kind of publicity.
Broadway producer Martin Richards, whose The Producer Circle Company co-produced the Oscar winning movie ?Chicago", is suing Miramax for $10 million for not giving him his share of the movie-musical`s profits. Richards, who bought rights to the murderous musical after its first Broadway run, is pissed because Miramax have failed to pay up the promised percentage of the $300 million box office takings the blockbuster movie starring Catherine Zeta-Jones, Renee Zellweger and Richard Gere generated.
He says he?s also been short-changed of profits from DVD sales and overseas distribution of the movie, that was the most profitable of any film produced by Miramax. "While PCC is unable to determine with precision the amounts that it is owed, it estimates that Miramax`s breach of contract has cost it no less than $10 million," court papers reveal. A spokesperson for Miramax she had not seen the legal action and couldn?t comment on the case against them.
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