'It' TV miniseries producer sues Warner Bros over film adaptations

'It' TV miniseries producer sues Warner Bros over film adaptations

'It' TV miniseries producer sues Warner Bros over film adaptations

They developed the project as a miniseries for ABC, which starred Tim Curry and Richard Thomas, and stayed on through pre-production. They left the company after it merged with Lorimar, and were given a company credit on the miniseries, which aired in 1990.

The lawsuit alleges that the pair signed a deal with Lorimar that made them "non-exclusive executive producers" with rights to involvement in any sequel, spinoff or remake of the show.

Released in 2017, It was met with fiery critical and commercial success, grossing a whopping $700 million worldwide. It: Chapter 2 is still revving up for its September release, but it's also expected to rake in the box-office dollars.

Konigsberg died in 2016, at the age of 83.

According to the terms that were agreed upon in said contract, not only were the producers owed 10% of the net profits from any remake, but they were also supposed to have a stake in any sequels and/or remakes that arose from the production of IT.

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Konigsberg died in 2016, but Sanitsky is now pursuing the case. Their companies are represented by Dale Kinsella, of Kinsella Weitzman Iser Kump and Aldisert.

The lawsuit also accuses Warner Brothers of underestimating profit participation from the miniseries. In fact, a producer of that series claims he was contractually obligated to work on the new movies, so now he's suing Warner Bros.

Konigsberg and Sanitsky produced the TV adaptation of The Tommyknockers in the early '90s.

Konigsberg and Sanitsky say their original series garnered an audience of more than 30 million people but claim Warner Bros. claimed a "substantial deficit" on the series.

While it's not sure how much of the net profits to the 2017 would go to Larry Sanitsky and the estate of Frank Konigsberg, it's bound to be quite a bit of money with that result on the books.

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