'It' miniseries creators suing Warner Bros. for breach of contract

The Producers of the Original 'It' Miniseries Are Suing the Producers of the 'It' Movies

The Producers of the Original 'It' Miniseries Are Suing the Producers of the 'It' Movies

The deal was in the wake of Frank Konigsberg and Larry Sanitsky losing the project in a merger between their company, Telepictures, and the studio that would produce the ratings bonanza of a miniseries, Lorimar Television.

But the lawsuit says they inked a deal with Lorimar granting them the titles of "non-exclusive executive producers", which means they get rights and involvement in any sequel, spinoff or remake of the miniseries, which they argue includes the two film remakes.

The suit alleges that Warner Brothers stopped issuing profit statements in 1995, and didn't involve the producers with either of the film adaptations.

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.

The executive producers of the first adaptation of Stephen King's novel, It, claim that they were denied the opportunity to work on the Warner Bros' It and It Chapter Two.

As Konigsberg died in 2016 at the age of 83, Sanitsky, 67, is pursuing the lawsuit through his partners' corporate entities. Their companies are represented by Dale Kinsella, of Kinsella Weitzman Iser Kump and Aldisert. The suit claims that Warner Bros. has substantially underreported profits and improperly withheld payments.

The suit also accuses Warner Bros. of shortchanging them on profit participation from the miniseries.

Warner Bros have not commented on the lawsuit as of this writing.

In the early 90s, Konigsberg and Sanitsky also produced the TV adaption of "The Tommyknockers".

When it came time for the 2017 remake, Konigsberg and Sanitsky claim New Line Productions never informed them of their intent to release the new film.