Producer Must Pay Withheld Royalties On Oscar Pic
Written by: FFT Webmaster | January 6th, 2012
Over six years since it won the Oscar as Best Picture, the lead producer of the film CRASH have been ordered by a federal judge to pay more than $12 million dollars in unpaid royalties to director Paul Haggis, actor Brendan Fraser, fellow producer Mark Harris and screenwriter Bobby Moresco. The judgment upheld a July ruling in the Los Angeles County Superior Court that producer Bob Yari’s companies had breached contracts with the four individuals by withholding profits owed to them from the film. CRASH grossed more than $100 million at the global box office and millions more in DVD sales and other home entertainment platforms. The $12 million total is a combination of about $9 million in profits denied and $3 million in interest.
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