Relativity also dismisses claims against TWC over 'Nine'

Relativity Media and The Weinstein Company have settled a lawsuit over a remake of 1994’s “The Crow” out of court, the companies confirmed in a joint statement.

“The parties will continue to work on the film together as planned. In addition, Relativity Media has dismissed all of its claims against The Weinstein Company for any wrongdoing regarding the release and distribution of “Nine,” and The Weinstein Company has dismissed all of its claims against Relativity Media.”

TWC originally filed an injunction against Relativity in April to halt the latter’s sale of distribution rights to its remake to anyone but TWC. Dispute centered around a contract between TWC and Relativity — signed “as of March 25, 2009″ — that the suit claims gave TWC exclusive rights to sequels, prequels and remakes of 1994’s “The Crow,” which grossed close to $100 million worldwide.

In May, Relativity fired back, claiming that TWC intentionally masked its financial problems in order to induce Relativity to finance musical “Nine.”

Plans to remake “The Crow” have been gestating for years. Stephen Norrington first came on to write and direct the movie, based on the comic by James O’Barr, in December 2008. Juan Carlos Fresnadillo recently boarded to direct the film.

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