Battle Rages On Between Warren Beatty and TMS Over ‘Dick Tracy’ RightsJune 21st, 2009 - 3:41 pm ICT by GD
“Dick Tracy” has been dragged to the courts. The four year litigation tug of war that was waging between actor Warren Beatty and Tribune Media Services (TMS) is now being fought out at a Delaware Bankruptcy court. The two parties have been fighting it out against each other over the film rights of the famous comic strips. Beatty asked the court to let him renew the four year fight with Tribune Co. over who actually hold the rights to make a screen adaptation based on the detective’s strip.
In last year December, the newspaper publisher and its patent company had filed for bankruptcy in order to restructure a huge debt sum of $ 13 billion. The Chicago based Tribune, which is the owner of the LOS ANGELES TIMES and CHICAGO TRIBUNE newspapers, had sued Beatty in the year 2005 to recover rights to the “Dick Tracy” comics.
In the recent years that the legal battle has been ensuing, Beatty has said that TMS has no valid or legal ground to reclaim the rights to Tracy. According to the TMS, Beatty had obtained the rights from them to produce a movie based on the character of the popular American detective’s comic way back in 1985. At that time it was stated in the agreement that the rights would revert back to Tribune, at the company’s request, over a notification period of two years. The rights beyond the first movie, could be retained by the 72 year old Beatty in case other Dick Tracy movie, television series or specials were in the pipeline.
Since the 1990s “Dick Tracy” movie, there has been no other installations. However, Beatty claims that a special is ready to be aired on TBS but is held back only for the rights issues.
Tags: actor warren beatty, american detective, battle rages, chicago tribune, chicago tribune newspapers, comic strips, delaware bankruptcy court, dick tracy comics, film rights, los angeles times, newspaper publisher, notification period, screen adaptation, tbs, television series, tms, tribune co, tribune media services, tug of war, warren beatty