Hallelujah, Fox and WB Will Play Together

I just heard that Warner Brothers and Fox have come to an agreement concerning the Watchmen film. ReelComix reports the following:

Word has hit the street that the Watchmen Lawsuit has come to an end with FOX of course coming out on top. FOX will receive between $5-$10million as a flat settlement as well as getting a chunk of revenue share. They will get between 5% and 8% of the films revenue. Add to that they will get residuals for any and all spin-offs for the film.

Watchmen goes ahead as planned with FOX getting clearly what they wanted and Warner Brothers not getting bent over to badly.