Rival studios reach deal on 'Watchmen' release

LOS ANGELES (AP) - January 15, 2009 The March 6 release of the superhero flick had been in doubt for months as 20th Century Fox and Warner Bros. sparred in federal court over who had proper rights to the film.

Spokesmen for both companies released a statement Thursday night that the studios have resolved the dispute in a confidential agreement.

Settlement discussions ramped up after a judge decided last month that Warner Bros. had violated Fox's distribution interests by shooting the film.

Attorneys for both studios are scheduled to meet with U.S. District Judge Gary Allen Feess on Friday and discuss the agreement.

The statement said both studios "look forward with great anticipation" to the film's release.

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