The Freeland File
Aerospace & Defense
Global Market Data
Lucy P. Marcus
The Great Debate
Macro & Markets
Lipper Awards 2012
Personal Finance Video
Our best fashion photos of the year
Images from the world of fashion in 2012. Slideshow
NRA calls for armed school guards as U.S. mourns massacre
Four dead, three police hurt in Pennsylvania shooting
Analysis: Boehner has few options in fiscal cliff mess
"Fiscal cliff" efforts in disarray as US lawmakers flee
Wall Street sinks as "fiscal cliff" fears escalate
Republicans put squeeze on Obama in ”fiscal cliff” talks
Connecticut gun rampage: 28 dead, including 20 schoolchildren
U.S. ”fiscal cliff” talks turn sour, Obama threatens veto
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
Tragedy in Newtown
Mourning the victims of the Sandy Hook school shooting. Slideshow
Syria in ruins
Images of a landscape devastated by war. Slideshow
Paramount settles lawsuit with family of 'Godfather' author
Analysis & Opinion
Counterparites: 2012 — The year of bank fraud
Shorter securities settlements cycles to be introduced in Europe
Highlights from the Miss Universe pageant in Las Vegas. Slideshow
Film canisters of the 1990 film ''Mario Puzo's The Godfather: Part III'' directed by Francis Ford Coppola are stored in the film archive vault which is three-stories high at The Academy of Motion Picture Arts & Sciences Pickford Center for Motion Picture Study in Hollywood September 10, 2012.
Credit: Reuters/Fred Prouser
By Nate Raymond
NEW YORK |
Fri Dec 21, 2012 4:02pm EST
NEW YORK (Reuters) - The studio that made "The Godfather" movies has settled a lawsuit with the estate of author Mario Puzo, who created the Mafia family saga.
Paramount Pictures Corp sued in February in an attempt to block a new book in the "Godfather" series, which it said was being published without its permission and in violation of copyright agreements.
Notice of the settlement was filed in the U.S. District Court in New York on Thursday, but terms were not disclosed as the "parties have agreed that the terms of the settlement are confidential," said Richard Kendall, a lawyer for Paramount, a unit of Viacom Inc.
"We're very pleased with the settlement," said Bertram Fields, a lawyer for the Puzo estate.
Puzo, who died in 1999, was the author of the 1969 bestseller "The Godfather" and other novels on the same theme.
Paramount sued Puzo's estate in February, saying it had approved sequels without the movie studio's permission and in violation of its copyrights.
The family had received Paramount's permission for the publication of only one sequel, "The Godfather Returns," by Mark Winegardner, in 2004.
The Puzo family moved ahead with a second sequel, "The Godfather's Revenge," by Winegardner in 2006, without Paramount's permission, the lawsuit said.
A third book, a prequel called "The Family Corleone" by Ed Falco, was released by Grand Central Publishing in May. An interim settlement agreement provided that funds earned from the book would go into escrow, according to a September court decision.
In the lawsuit, Paramount also claimed its agreements with Puzo automatically gave it motion picture rights to "The Family Corleone" and any other sequels.
The estate filed a counterclaim in March seeking $10 million and accusing the studio of breaching a 1969 agreement with Puzo. It also asked the court to cancel Paramount's rights to the original "The Godfather" book.
In September, U.S. District Judge Alison Nathan in Manhattan denied a motion by Paramount to dismiss the estate's counterclaim, but dismissed the attempt to cancel the book rights.
The case is Paramount Pictures Corporation v. Anthony Puzo, U.S. District Court, Southern District of New York, No. 12-1268.
(Reporting by Nate Raymond; Editing by Vicki Allen)
Related Quotes and News
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Be the first to comment on reuters.com.
Add yours using the box above.
Back to top
New York Legal
Support & Contact
Connect with Reuters
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
About Thomson Reuters
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.