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In a suit filed Thursday, film distributor August Entertainment accused InternetStudios.com of failing to pay $2 million in licensing fees for feature films represented by the company. InternetStudios owns ReporterTV.com and OnlineFilmSales.com, and was in acquisition negotations last month with London-based film trade journal Screen International. August has acted as the licensing agent on films for a number of producers, including Columbia TriStar Home Video.

The complaint claims that InternetStudios on March 24 licensed rights to a series of films, including True Romance.

The complaint, filed in Los Angeles Superior Court, claims that InternetStudios on March 24 licensed rights to a series of films, including Pioneer LDC`s Necronomicon, Team Players` Skeeter and Davis Film`s True Romance, which starred Christian Slater, Patricia Arquette, Brad Pitt and Val Kilmer.

The deal called for August to receive $1 million immediately, $500,000 three months after the agreement was executed and $500,000 six months after the date of the agreement, according to the complaint.

On June 5 and again on June 16, however, an attorney for InternetStudios sent August letters indicting that it wouldn`t pay the fees.

http://www.inside.com/story/Story_Cached/0,2770,9190_10_22_1…
 
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Autor (Datum des Eintrages): ists  (13.09.00 14:11:59)
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