The suit also claims that Nu Image/Millennium instructed distributors to deduct certain expenses, such that receipts would be underreported. The suit also claims that the producers deducted the full cost of foreign publicity from foreign receipts, even though foreign distributors picked up half the cost. According to the suit, Butler hired an auditor who found that domestic receipts were understated by $17.5 million, and producers’ receipts were understated by $12 million, including the $8 million that went to the executives. The suit alleges that Butler has received irregular accounting statements from the producer and that Butler has objected to the statements. His production company was also entitled to 5% of net profits, and Butler was to receive certain bonuses for hitting box office thresholds. He demands his fair share.”Īccording to the suit, Butler’s contract entitled him to 10% of net profits, plus 6% of domestic adjusted gross receipts above $70 million and 12% of foreign adjusted gross receipts above $35 million. Butler worked with Defendants to create a highly successful movie franchise. “Butler refuses to tolerate Defendants’ misrepresentations and other wrongful conduct. “Producers have earned tens of millions of dollars from ‘Olympus,’ but refuse to pay Butler a penny of the grosses and profits promised to him in the parties’ agreement,” the lawsuit states.
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