Entertainment Sylvester Stallone Sues Warner Bros. Over ‘Demolition Man’ Profits

06:51  13 april  2017
06:51  13 april  2017 Source:   Variety

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Sylvester Stallone has sued Warner Bros ., one of Hollywood's biggest studios The lawsuit centers around the 1993 movie " Demolition Man ," which starred Stallone and actress Sandra Bullock. "Both the studio and the celebrity don't like the press associated with wars over profit participation and so

Sylvester Stallone . The actor claims that the studio intentionally concealed ' Demolition Man ' profits and is seeking to "end" bad accounting practices on Warners ' The actor himself has now wakened from a slumber of a different kind to take on Warner Bros . over its accounting of profits on the film.

  Sylvester Stallone Sues Warner Bros. Over ‘Demolition Man’ Profits © Provided by Variety

Sylvester Stallone filed a lawsuit on Wednesday, alleging that Warner Bros. went nearly 20 years without paying him profits from the 1993 film “Demolition Man.”

According to the suit, Stallone was owed at least 15% of the gross revenues from the film. But after 1997, he received nothing until his representatives complained in 2014. The suit accuses Warner Bros. of fraud and concealment.

“The motion picture studios are notoriously greedy,” the lawsuit states. “Here, WB decided it just wasn’t going to account to Rogue Marble (Stallone’s loan-out company) on the film. WB just sat on the money owed to Rogue Marble for years and told itself, without any justification, that Rogue Marble was not owed any profits.”

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Sylvester Stallone Brings Your ’90s Nostalgia To Court By Suing Over ‘ Demolition Man ’. Sylvester Stallone is suing Warner Bros . Entertainment Inc. for (allegedly) ripping him off on his share of the profits from Demolition Man ‘s success.

Over ‘ Demolition Man ’ Profits . Sylvester Stallone filed a lawsuit on Wednesday, alleging that Warner Bros . went nearly 20 years without paying him profits from the 1993 film “ Demolition Man .”

Warner Bros. declined to comment.

According to the suit, when Stallone’s reps raised the issue in 2014, Warner Bros. initially balked at paying anything, claiming that the film had lost $66.9 million. Stallone’s representatives protested, saying that made no sense. A studio representative responded that the statement was sent in error and promised to look into it, the lawsuit claims. In April 2015, the studio sent Stallone a check for $2.8 million.

The suit seeks a full accounting of the film’s proceeds, in addition to interest and damages. The suit also seeks “an end to this practice for all talent who expect to be paid by WB for the fruits of their labor.”

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Sylvester Stallone in ' Demolition Man ', 1993. Sylvester Stallone accused Warner Bros . Entertainment Inc. of failing to pay him his share of the studio’s revenue from the 1993 science fiction film, " Demolition Man ."

Sylvester Stallone has claimed that Warner Bros intentionally hid the profits that Demolition Man made, and on Wednesday he filed contract and fraud claims at the Los Angeles Superior Court against the studio through his loan-out company Rogue Marble.

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