Entertainment & Sports
Nov. 30, 2011
Film finance company sues over royalties
A Hollywood film finance company that co-funded 29 films with Paramount Pictures Corp. and DreamWorks Studios alleges the studios engaged in "self-dealing" and underpaid royalties.
Daily Journal Staff Writer
LOS ANGELES - A Hollywood film finance company that co-funded 29 films with Paramount Pictures Corp. and DreamWorks Studios filed a complaint Tuesday, alleging the studios paid not a single dollar in royalties on its $375 million investment.
In a 20-page complaint, Melrose Investors 2 LP claimed that Paramount and its former subsidiary, DW Studios LLC, knowingly overstated costs by $3.5 million ...
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