Sylvester Stallone is suing Warner Bros over 1993 sci-fi film Demolition Man.
According to The Hollywood Reporter, he filed contract and fraud claims against the studio on Wednesday (April 12) through his loan-out company Rogue Marble, over its accounting of profits from the film.
"The motion picture studios are notoriously greedy. This one involves outright and obviously intentional dishonesty perpetrated against an international iconic talent," the complaint stated.
"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."
Warner Bros has yet to comment on the legal action.
Stallone was entitled to 15% of the defined gross of the film once it earned $125 million, according to the lawsuit, with his take rising if it grossed more.
According to the complaint, Demolition Man grossed at least $125m, so Stallone asserts that he's entitled to that 15%, but after 1997, he claims that he received no profit participation statements until his agent reached out to Warner Bros in 2014.
"Rogue Marble alleges on information and belief that it is owed additional contingent compensation on the Film," the complaint states.
It is not known how much Stallone is seeking as part of the lawsuit.
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