Sylvester Stallone has a bone to pick with Warner Bros. over the 1993 sci-fi movie, “Demolition Man”.
According to The Hollywood Reporter, Stallone, 70, is suing Warner Bros. for the studio’s handling of the accounting of the profits of the movie and, on Wednesday, filed a contract and fraud claim against the film studio.
The actor filed the complaint through the Los Angeles Superior Court and he claims that the participation statement forgot to include some key things. Stallone is looking for a bigger accounting statement on the film which made $58 million.
For Stallone, this suit is a family affair. The studio was the one behind the pseudo-“Rocky” reboot, “Creed”, which helped the actor score an Oscar nomination.
“The motion picture studios are notoriously greedy,” Stallone says in his filing.
“This one involves outright and obviously intentional dishonesty perpetrated against an international iconic talent. Here, WB decided it just wasn’t going to account to Rogue Marble on the Film. WB just sat on the money owed to Rogue Marble for years and told itself, without any justification, that Rogue Marble was not owed any profits. When a representative of Rogue Marble asked for an accounting, WB balked and then sent a bogus letter asserting the Film was $66,926,628 unrecouped. When challenged about this false accounting, it made a double-talk excuse, then prepared an actual profit participation statement for the same reporting period, and sent a check for $2,820,000 because the Film had in fact recouped its deficit,” the statement reads.
Stallone alleges that he was to receive 15 per cent of the film’s box office gross when the movie earned $125 million. “Demolition Man” earned $125 million according to the complaint and Stallone is looking for his 15 per cent.
In addition to the money he is looking for, Stallone also wants an injunctive relief.
Warner Bros. has yet to respond.