'Spider-Man' producers, Taymor's union reach deal

'Spider-Man' producers, Taymor's union reach deal
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Summary 'Spider-Man' producers and Taymors union reached deal that ends one chapter in their legal dispute.

Producers of Spider-Man: Turn Off the Dark have agreed to pay the hit Broadway musicals former director Julie Taymor royalties as part of a settlement that ends one chapter in the two sides bitter legal dispute.The Stage Directors and Choreographers Society and the shows producers, 8 Legged Productions LLC, announced the deal Thursday. No amount was disclosed.Under the deal, producers have agreed to pay Taymor full royalties from November 2009 until she was fired in March after years of delays, accidents, critical backlash and ballooning costs which put the shows price tag at $75 million.The settlement does not end a federal copyright infringement lawsuit brought by Taymor against the producers and a countersuit filed by them against Taymor and her company, LOH Inc. in U.S. District Court for the Southern District of New York.The litigation between us is over, and we are hopeful that any remaining issues between the producer and Ms. Taymor regarding her role as author can also be resolved to the satisfaction of all, Karen Azenberg, president of the SDC, said in a statement.In that still-ongoing legal dispute, Taymor is seeking half of all profits derived from the sale, license, transfer or lease of any rights in the original Spider-Man book. It also seeks a jury trial to determine her share of profits from the unauthorized use of her version of the superhero story, which the lawsuit said was believed to be in excess of $1 million.The producers, for their part, claim she caused numerous delays, drove up costs, and failed to direct a musical about Spider-Man that could open on Broadway. Her version of the superhero story, they assert, bears little resemblance to the show that is currently playing at the Foxwoods Theatre.In the settlement announced Thursday, producers also agreed to pay Taymor an unspecified amount of money if the shows New York production recoups its investment, and the two sides agreed to a compensation package for Taymor if any subsequent productions are staged.In a statement, producers Michael Cohl and Jeremiah Harris of 8 Legged Productions, said: We are very happy to have reached an amicable compromise with the SDC that will allow us all to move on.

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