In Oct. 2016, Relativity launched a lawsuit against Netflix for more than $1 billion. The central focus of the claim included two films. Relativity says Netflix agreed to pay between $3.7 million and $20 million as licensing fees to stream the films. The exact amount was contingent upon the box office success of the films.
When box office release dates changed, Relativity asked Netflix to extend its proposed streaming dates. Netflix was not keen on that idea, and responded by stating its intent to stream the movies before they hit the theaters. Relativity says that created a breach of contract, since the licensing fees were to be based upon box office performances.
It looks like it will be some time before the court renders a final decision in this breach of contract case. In the meantime, any Louisiana business owner facing similar contract problems may take matters up in court by requesting representation from an experienced business and commercial law attorney. A main goal of the attorney is always to protect a client’s bottom line interests. Savvy courtroom strategies and aggressive litigation are often key factors in successful outcomes.
Source: hollywoodreporter.com, “Hollywood Docket: Relativity’s Breach of Contract Suit Against Netflix Moves Forward“, Ashley Cullins, May 22, 2017