Time Warner Settles With Producers In $80M 'Smallville' Suit

Law360, Los Angeles (January 3, 2013, 9:51 PM EST) -- Time Warner Inc. settled the major part of an $80 million lawsuit against it Wednesday, resolving claims that it had breached contracts with the creators of “Smallville” by cutting sweetheart deals with its sister networks instead of licensing the $1.25 billion show to a bigger network.

The settlement averts a June trial that would have tested whether Time Warner subsidiary Warner Bros. Entertainment Inc.'s deals with The WB and The CW cheated showrunners Mike Tollin and Brian Robbins of tens of millions of dollars. Tollin/Robbins Productions...
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