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CASE CAPTION: Intermedia Film Distribution Inc. and AGV Productions Inc. v. Universal City Studios LLP, L.A. Superior Court #BC306610.
CAUSE OF ACTION: Declaratory relief.
COMPLAINT ALLEGATIONS: AGV owns the sequel rights and theme park rights to the “Terminator” and “Terminator 2: Judgment Day” motion pictures. AGV obtained these rights by paying $8 million to Carolco Liquidating Trust and $7.5 million to Pacific Western Productions. The plaintiffs produced the film “Terminator 3: Rise of the Machines.” The defendant claims to own or control and is exploiting theme park rights related to “Terminator 3.” This interferes with the rights of the plaintiffs, who must disclose Universal's claimed interest to potential licensees. “Defendants intentionally have cast a black cloud over plaintiffs' title to the theme park rights, to prolong the period of time in which defendant's theme parks have a monopoly on rides and attractions under a Terminator theme.” Universal Studios asserts ownership based on an alleged 1992 letter agreement with Carolco Pictures.
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