×
You will be redirected back to your article in seconds

Irwin Winkler Settles Lawsuit Against Warner Bros. Over ‘Goodfellas’ Returns

Irwin Winkler, producer of the Martin Scorsese-directed “Goodfellas,” said that he has settled a lawsuit he filed against Warner Bros. last year over the home video returns from the movie.

“This lawsuit was based on a misunderstanding, which I am happy to say has been resolved,” Winkler said in a statement on Wednesday. “I have been making movies at Warner for more than 25 years, and consider the folks there to be extremely trustworthy, professional and skilled. Most recently, I had a great experience making ‘Creed’ with Warner and MGM, and look forward to a long and continued collaboration with them.”

Terms were not disclosed.

In his lawsuit, Winkler claimed that the studio failed to pay him the 50% of net profits guaranteed in his contract. His suit claimed that the studio “intentionally misrepresented” receipts from the movie.

A Warner Bros. spokesman said they had no comment.

The lawsuit was filed in Los Angeles Superior Court on Monday, and alleged fraud and breach of contract. Winkler, represented by Bert Fields, sought damages of at least $18 million.

Winkler’s lawsuit took aim at the way that Warner Bros. calculated home video royalties for profit participants. He contended that his contract said that his share would be calculated from “all” home video gross receipts, not from a 20% portion that became an industry practice and is now being challenged in a number of lawsuits over movies made in the 1970s, ’80s and ’90s.

More Biz

  • R. Kelly

    R. Kelly Dropped by Sony Music

    Sony Music has decided to dissolve its working relationship with R. Kelly, Variety has learned. No external announcement of the move is planned in the immediate future, says a source, who added that Kelly’s presence on the RCA website (where he remains listed) will not indicate his departure from the company, as his back catalog [...]

  • CAA HQ LA

    Ex-Agent Stuart Manashil Ordered to Repay CAA in Fraud Case

    Former literary agent Stuart Manashil was ordered on Thursday to repay a $23,975 commission to CAA, which he admitted he had illegally diverted to a friend. Manashil, who now runs his own management company, pleaded guilty in March 2018 to a federal wire fraud charge. In a letter to U.S. District Judge Kimba Wood, Manashil [...]

  • "The Continent," directed by Chinese racer

    Alibaba Pictures Buys Into Chinese Director Han Han's Film Studio

    Alibaba Pictures confirmed that it has invested an undisclosed amount in Chinese celebrity blogger-turned-film director Han Han’s Shanghai Tingdong Film. Han’s upcoming “Pegasus” is one of the most anticipated films of the year in China. Alibaba Pictures, part of e-commerce giant Alibaba, is now the second-largest stakeholder in Tingdong. It has a 13.1% stake, according to Chinese [...]

  • Phil McIntyre Steps Down as Roc

    Phil McIntyre Steps Down From Roc Nation Management, but Remains Affiliated With Company

    Phil McIntyre has stepped down as president of Roc Nation Management, but his PhilyMack management company remains affiliated with Roc, a source close to the situation tells Variety. PhilyMack, which McIntyre founded in 2006, partnered with Roc Nation in 2015. The source stressed that McIntyre’s role at Roc Nation Management  — whose clients include Rihanna, [...]

  • Harvey Weinstein Trial

    Ben Brafman Drops Out of Harvey Weinstein Rape Case

    Harvey Weinstein has officially parted ways with defense attorney Ben Brafman, releasing a joint statement Thursday announcing the move. Weinstein had clashed with his defense attorney over strategy in his rape and sexual assault case. The pair issued a statement saying their parting was amicable, and that Brafman would cooperate fully with Weinstein’s new attorneys. [...]

  • Netflix - Apple TV

    Netflix Turns in Record Q4 Subscriber Gain, Price Increase Weighs on U.S. Forecast

    Netflix is beating Wall Street expectations for international subscriber growth — but its recently announced price increase in the U.S. may have put a damper on its momentum in the States. For the fourth quarter of 2018, Netflix reported 1.53 million paid net adds in the U.S. and 7.31 million internationally, to end the year [...]

  • Heather Parry Live Nation

    Live Nation Investigation of Heather Parry Also Targets Leakers (EXCLUSIVE)

    Over the past two weeks, the law firm of Paul Hastings LLP has been probing allegations reported by Variety last month that Heather Parry, the head of Live Nation Productions, had verbally abused employees and used offensive language in the workplace. But the lead investigator, Elena Baca, seems to be just as interested in uncovering [...]

More From Our Brands

Access exclusive content