Home » Lifestyle » Will Smith, Warner Bros. reach deal over lawsuit about upcoming biopic about Venus, Serena Williams' father
Will Smith, Warner Bros. reach deal over lawsuit about upcoming biopic about Venus, Serena Williams' father
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The lawsuit over Will Smith’s upcoming movie about the life of Venus and Serena Williams’ father, Richard, has come to an end.
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Smith, Richard Williams and his son Chavoita Lesane, and Warner Bros. were locked in a legal dispute over who actually has the rights to Williams’ story. The project, which has been in development for a while, is titled “King Richard” and is based on Richard Williams’ 2014 memoir “Black and White: The Way I See It.”
However, TW3 Entertainment and Power Move Multi Media filed a lawsuit in Los Angeles in June alleging that they purchased the rights to the book for a mere $10,000 three years ago from Lesane, who also acts as his father's business partner. By contrast, Smith and his company reportedly shelled out $1 million for the film, thus calling the actual ownership into question.
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According to Deadline, less than two months after the lawsuit over breach of contract was filed, the parties have reached a deal.
“The matter has been resolved informally,” Warner Bros. told the outlet after paperwork was put forth in court.