The executive producers of the first adaptation of Stephen King’s novel “It” have not been included in the negotiations about the sequel even though they hold the contractual rights. If the Warner Bros. house decided to create a sequel, prequel, remake, or spin-off series, they would be included in the production.
Moreover, Sanitsky and Konigsberg have the right to request a minimum of 10% of net profits on any subsequent production.
Their team of lawyers stated that they were disappointed by the actions of their production house and that the Warner Bros. utterly failed to honor their obligations.
In the lawsuit, Sanitsky stated that the pair had an unambiguous contract with the studio and that making the sequel without consulting the duo was a clear breach of contract.
He stated that, in the mid-1990s, the pair gained rights to the King’s novel, and this was when they developed the famous TV mini-series for ABC. He also added that, after the mini-series was finished, they left the company which, in the meantime, merged with Lorimar Production.
Sanitsky continued explaining that even though they left the company, the pair signed a deal with Lorimar Productions. In the deal, it was clearly stated that they were marked as “non-exclusive executive producers” and that the couple must be included in any sequel in the future. He added that he was terribly disappointed by these actions and that he was sorrowful that his friend was not there to help him through this trouble.
As Konigsberg died in 2016 and Sanitsky is at the age of 83, the lawsuit is pursued through the corporate entities.
Another part of the duo’s lawsuit is the fact that the Warner Bros studio stopped issuing profit statements in 1995 and hasn’t contacted them about any plans regarding the movie adaptations. Not only was the pair not included in the 2017 adaptation that brought over $700 million to the studio, but they were also not involved in the negotiations for the sequel that is up for the release in September. Sanitsky plans on requesting their share of 10% of gross earnings of both of the adaptions.
For now, Warner Bros studio has released no comments in regards to this lawsuit.