But they can't do that!? I hear you comic-book buffs scream.
Well, yeah, they can. And they will.
Though Warner's is adamant it'll still release "Watchmen" on March 6th, Fox, who contends it retains distribution rights under a 1994 turnaround agreement with producer Larry Gordon, who took "Watchmen" to Warner Bros. after attempts to make it with Fox, Universal and Paramount, is determined to see that doesn't happen.
Gordon, who's not a defendant in the case, had never exercised his option to acquire Fox's remaining interest in "Watchmen" nor had he honored his agreement since 2005 to offer the project to Fox under the "changed elements" part of the pact. For its part, Warner contended that Fox did not own any rights to "Watchmen."
Its a case of He Says, She Says that won't be solved overnight. And until this whole matter is resolved - it's likely Warner's won't be putting their flick into theaters this March.